More Ways to Give
In addition to cash/check/electronic payment contributions, there are a number of other ways to support the Galisteo Basin Preserve.
Stocks
Gifts of appreciated securities can offer donors an especially efficient means of supporting the Galisteo Basin Preserve. By donating appreciated securities to Commonweal Conservancy’s brokerage account managed by Fidelity Investments, a donor can avoid the tax consequences typically associated with the sale of stocks, mutual fund shares, bonds, etc. View our Stock Donation Guide for more information and instructions.
Use your IRA to support the GBP!
Individuals aged 70 ½ or older can contribute to Commonweal Conservancy with tax-free distributions from their traditional IRA. By directing up to $100,000 annually from your IRA to Commonweal Conservancy, you can avoid income tax on your withdrawal.
To ensure proper processing of your gift, IRA distribution checks should be identified as a “charitable gift to Commonweal Conservancy” along with a notation as to Commonweal Conservancy’s Tax ID of 20-0153356. Checks can be mailed to the address below:
Commonweal Conservancy
369 Montezuma Ave #495
Santa Fe, NM 87501
For further assistance, or to notify us of your forthcoming gift, please contact Ted Harrison at (505) 690.3094 or ted.harrison@commonwealconservancy.org.
Please note: the benefits associated with an IRA distribution will vary depending on an individual’s unique financial circumstances. Charitable distributions from an IRA, for example, do not qualify for tax deductibility. Given the requirements and limitations of this donation method, we recommend that you to consult with a qualified advisor before making such a gift.
If you are below the age of 70 ½, you can still support our mission by designating Commonweal Conservancy as a beneficiary of your overall IRA distribution plan.
Planned Giving
“Planned giving” refers to strategies and tools a donor can use to bequeath cash or other assets to a nonprofit after death. Among other techniquies, it can involve investment instruments that allow a donor to receive income during his or her life in exchange for bequeathing the residual investment to a nonprofit at death. These giving methods allow a donor to support the GBP without affecting his/her current financial goals or a family’s security.
Specifically, you can support the protection of the preserve’s trails, open spaces, wildlife habitat and cultural resources through:
Bequests/Pledges: By naming Commonweal Conservancy as a beneficiary in your will or living trust, you can help underwrite the annual operations and stewardship of the Galisteo Basin Preserve, or contribute to the Galisteo Basin Preserve Permanent Endowment. The latter is a designated fund that’s designed to help finance Commonweal’s stewardship responsibilities in perpetuity.
Retirement Plan Assets: As noted above, you can direct tax-deferred retirement plan assets to Commonweal Conservancy to ensure that the wild lands, conservation programs and management of the organization can ensure the permanent protection and responsible public use of the Galisteo Basin Preserve.
Life Income Gifts: You can transfer assets to Commonweal Conservancy and, in return, receive income for a specified term or throughout your lifetime, typically structured as an annuity.
We welcome the opportunity to speak with you about the benefits of making a planned gift to support the Galisteo Basin Preserve. Learn more about planned giving options on our Legacy Giving page, or contact Ted Harrison at (505) 690.3094 or ted.harrison@commonwealconservancy.org today.