Turn Your Love for Ossabaw Island into an Enduring Legacy!
A planned gift is any major gift made in a lifetime or at death as part of a donor’s overall financial and/or estate planning. These include gifts of equity, life insurance, real estate, personal property, or cash, many of which have significant tax advantages for you and your survivors.
The material provided is not offered as legal or tax advice. Examples of prospective benefits may not apply to your situation at the time of your gift. We encourage our donors to seek the advice of a tax advisor, attorney, and/ or financial planner.
Important Donation Information
Legal name: The Ossabaw Island Foundation, Inc.
Address: 13040 Abercorn Street, Suite 20
Savannah, GA 31419
Tax ID#: 58-1397054
Stock Gift
Stock gifts are an effective way to support the Ossabaw Island Foundation, Inc. (TOIF).
- DCT#: 0226
- Brokerage Firm: Truist Investment Services LLC
- Credit Account: Ossabaw Island Foundation, Inc.
- Credit Account Number: G5R-064718
- Contact Person: Deborah Spears
- Contact Number: 843-301-3531
- Contact Email: Deborah.Spears@truist.com
- TOIF Gift Notification: elizabeth@ossabawisland.org or 912-344-3900
Bequests
Gifts made through a Will
A common form of planned giving is a charitable bequest, in which you bequest a specific sum, property percentage of your estate, or portion of your estate to the Ossabaw Foundation, Inc.
Please consider a bequest for the Ossabaw Island Foundation to leave a legacy for Georgia’s third-largest barrier island. Every estate plan is different, so please share this information with your estate planner to determine which works best for you.
Retirement Account Gift
Retirement accounts like IRAs, Keoghs, and 401(k) plans are taxed as income to your heirs and may be subject to estate tax. Alternatively, you can name the Ossabaw Island Foundation, Inc. as the beneficiary of your retirement funds and make other estate provisions for loved ones. That way, the entire designated amount passes to the Ossabaw Island Foundation tax-free, and your gift is fully deductible for estate tax purposes.
Life Insurance Gift
Do you have a life insurance policy you no longer need?
You can name the Ossabaw Island Foundation, Inc. as the beneficiary of your existing life insurance policy or transfer the ownership to the Ossabaw Island Foundation.
Charitable Remainder Trust
- Do you have valuable assets, such as appreciated stocks or a second home, that are “tied up” and not producing income?
- Would you like additional income for yourself, your spouse, a parent, or a child?
- Would you like to leave a generous gift to The Ossabaw Island Foundation, Inc.?
If your answer is “yes” to all of the above, then a Charitable Remainder Trust may be your perfect choice.
