Ways to Give
For further information about any of these ways to give or if you would like a tour of the Science Factory and our coming expansion space, please contact Rob Reed, Development Director, at 717.509.6363 x 106 or firstname.lastname@example.org
The Elevate Curiosity Campaign will expand the Lancaster Science Factory’s ability to serve all youth, and elevate the curiosity within each child who walks through the doors. In addition to outright gifts of cash, there are alternative ways of providing a generous pledge to the capital campaign. Because the Lancaster Science Factory is a 501(c)(3) organization, contributions are tax deductible to the fullest extent of the law.
A Multi-Year Pledge
Donor(s) may choose to make their campaign gifts payable over a period of up to five years with the completion of a written pledge form.
A Gift of Securities
Lancaster Science Factory supporters may own stocks, bonds, or mutual funds that have appreciated beyond their original cost and may consider making their campaign gift with these appreciated securities. Often, such a gift represents a tax efficient way to support the Lancaster Science Factory. Please contact LSF for transfer instructions.
IRA Charitable Rollover
Donors age 70½ years or older may consider making a direct transfer from their IRA accounts to the Lancaster Science Factory. The basic details and restrictions for taking advantage of this tax-wise giving opportunity are as follows:
- Donors may give up to $100,000 per year
- You must be 70½ or older when you make your gift, and the gift must be made from an IRA – no other retirement plans (such as 401k, 403b or SEP accounts) qualify.
- Your gift must come to the Lancaster Science Factory outright – it cannot be used to establish a life-income arrangement or support a donor-advised fund.
- Although the distribution will be free from income tax, it will not generate an income tax charitable deduction. This giving option may be of particular benefit for those who do not itemize deductions.
In addition to current gifts that will support the campaign, planned estate gifts are very important to the future of the Lancaster Science Factory. There are a number of options for creating a planned gift either currently or through your estate, including charitable gift annuities, charitable remainder trusts, outright bequests, and gifts of life insurance. In some instances, new or increased planned gifts made in response to this campaign may be counted toward the $3 million campaign goal and may help qualify you for special “named gift opportunities”. New and increased planned gifts are an excellent way to augment your current gift to the campaign. Please contact the Development Office for details about how qualifying planned gifts will be counted and credited to the Elevate Curiosity campaign.
A Gift of Jewelry, Art, or Other Real Estate
Under certain circumstances, the Lancaster Science Factory may accept gifts of real estate or other property.