Community Boating Center, Inc.

 

Bequests, also known as estate gifts, are made by will. Bequests are one of CBC’s most enduring sources of individual support, and are also a powerful expression of your faith in CBC’s future.
Bequests allow CBC to build new facilities, launch important projects, sustain innovative programs, and expand departments by adding new staff and equipment—all of which are vital to the success of CBC. Community Boating Center is poised to be one of the area's greatest contributors to the betterment of our local youth because of the generosity of individuals who thoughtfully considered CBC's need for a strong financial future.

There are many ways to make a bequest to Community Boating Center, whatever the size of your intended gift. You may leave a specific amount, or a percentage of your estate. You can also make a bequest of tangible personal property (artwork, etc.), real estate, and other specific assets. A bequest not only provides significant future support to CBC—it can also reduce your taxable estate and allow you to maintain control over your legacy.

Summary of benefits:

  • A bequest is deductible for federal estate tax purposes.
  • There is no limit on the amount of estate tax charitable deduction.
  • Bequests are generally not subject to state and inheritance taxes.
  • Those who notify us of their intention to include CBC in their will become members of the CBC Clarks Cove Society.

The staff is ready to consult with you and/or your advisor about bequests to CBC, and to help you with any questions you may have about other forms of charitable giving that may benefit you, your family, and CBC. To learn more, please contact Peter Durant at (508) 992-6219.


Note: The information on this Web site is not intended to serve as legal or financial advice. When planning a specific charitable gift, the services of a legal or financial advisor should be obtained.

1641 Padanaram Avenue New Bedford MA  02740  (508) 992-6219-phone (508) 999-3320-fax
© Community Boating Center, Inc. 1998   All rights reserved.