Legacy and IRA Giving

Provide a legacy for parks through your Will, Living Trust or IRA Distributions

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Is one of Sonoma County’s parks particularly meaningful to you?  Through your will or living trust, you can provide for your favorite park for generations to come. Learn more about making a bequest to the Parks Foundation from our legacy brochure:

Click Here for Parks Foundation Legacy Gift Information

Legacy gifts to the Sonoma County Regional Parks Foundation provide a critical source of funds to protect and preserve our spectacular county parks now and in the future.

For example, a substantial bequest from Daniel Furlong, one of the last students at Watson School, enabled Sonoma County Regional Parks to replace the school’s foundation and rendered the lovely one-room schoolhouse safe for public access at Running Fence – Watson School Historic Park.

A generous bequest from former board member Al Gilmour provided an endowment for the Children’s Memorial Grove at Spring Lake Regional Park, ensuring that this peaceful site will be maintained in perpetuity.

In 2015, to honor the memory of Gary Maresh, who was a regular visitor to the Ragle Ranch Dog Park with his two beloved dogs, Gary’s family donated funds and assisted in fundraising to build a substantial ramada. The structure provides shade and a comfortable gathering place for park visitors.

Further details regarding directing legacy gifts can be found in this Sample Bequest Language document.

2014 HelenPutPrk 052Individual Retirement Account Charitable Giving

Late last year, Congress made permanent the option to use pre-tax savings in your Individual Retirement Account to give to charities. As a 501(c)(3) nonprofit organization, the Parks Foundation may receive these directed funds.

A qualified distribution is from a traditional IRA of an individual who is 70 ½ or older directly to an eligible charitable institution. Up to $100,000 may be donated without recognizing the distribution as income.

IRA gifts to the Parks Foundation may be directed to any of our programs or campaigns. In some cases, your donation may be matched to work even harder for parks. For instance, IRA gifts directed to the Putnam Park Challenge Grant would be matched dollar-for-dollar until our $50,000 goal is achieved.

Under this provision a donor may not also take a charitable contribution for the same donation mechanism. The benefits of this legislation are that the individual does not recognize as income the amount contributed directly from the IRA to a qualifying charity, and that the charitable distribution does count toward fulfilling any minimum distribution requirements.

Check with your tax adviser regarding the advantages and limitations of making such a contribution.

The Parks Foundation is able to accept gifts of stock. For further information visit our Donate Stock page.

Please contact Parks Foundation Executive Director Melissa Kelley if you would like to discuss your plans or need additional information.