Many companies sponsor programs that match, or even double, their employees’ charitable contributions, or donate to charities based on their employees’ volunteer time. To find out if your company has a matching gift program, simply contact your HR department. If your company requires more information from LHF to get started, please call Caitlin at 973-663-2500 or email caitlin@lakehopatcongfoundation.org.
Our organization must be forward-thinking when it comes to developing the resources needed to protect and improve our lake and community, now and into the future. If ensuring a vibrant and healthy Lake Hopatcong for future generations is important to you, planned giving is a personal and meaningful way you can help keep our lake and community vibrant and healthy for years to come.
What is planned giving? Planned giving is a financial or estate plan, created by a donor, which directs something of value to an organization at a future date. Examples of planned gifts include bequests from wills or living trusts and gifts from qualified charitable distributions, life insurance policies, charitable remainder trusts, and gifts of stock.
By planning a gift in your lifetime or as your legacy, you join a special group of people ready to make a significant investment in the future of New Jersey’s largest lake. To discuss your options or to inform us of a designated gift in your will or trust, please call Caitlin at 973-663-2500 or email caitlin@lakehopatcongfoundation.org.
To help you get started on your plans and legacy, you can use FreeWill, an online tool that guides you through the process of creating your will or trust. It’s easy to use, accessible online and can be completed in 20 minutes. You can use the resource below on its own or use it to document your wishes before finalizing your plans with an attorney.
Not all of your assets are covered by your will. Accounts such as IRAs, 401(k)s, and life insurance policies are “non-probate assets,” meaning they transfer directly to your named beneficiaries. Review those designations periodically, and contact your account representative if you need to confirm or update them.
When you give a gift of stock, you are eligible to deduct the full fair-market value of the asset you donated, up to the overall amount allowed by the IRS, and avoid any capital gains taxes. To donate a gift of stock, please reach out to our development director, Caitlin Doran.
Thank you for your interest in supporting us through a planned gift!
The above information is meant to provide general guidance on different options for planned giving and is not intended as legal or tax advice. For such advice, we encourage you to consult with an attorney or tax professional.
