"The awe I felt in that one day at PIC helped assure me that some things were right in the world."
—Pine Island Parent
As a 501 (c) (3) charity, Pine Island Camp offers many ways for you to contribute to the Camp while also providing substantial tax benefits to you and your family.
Whether you make these gifts today or through your estate plans, you will be following the advice of Sid Lovett, Pine Island's first camper, on the occasion of the Camp's 75th anniversary: "Give your best to the best you know."
Your gift today will help ensure that Pine Island Camp, which has been enriching lives for over a century, will endure for another 100 years.
Click here to read the annual appeal letter from Director Ben Swan.
Gifts of Cash.
For many people this is the easiest way to contribute to Pine Island. If you itemize your deductions, a cash gift is deductible up to 50% of your adjusted gross income. If your employer has a matching gift program, your personal donation will effectively be increased. Simply enclose the matching gift form along with your check.
You may make your donation via PayPal using the secure button above, or you can mail your donation to the following address:
Pine Island Camp
PO Box 242
Brunswick, Maine 04011
Gifts of Appreciated Securities.
Stocks, bonds or mutual funds that have appreciated in value are a particularly attractive gift from a tax viewpoint because you may get favorable treatment of capital gains. If you give Pine Island securities that you have held for more than 12 months, you will receive an income tax deduction for their full fair-market value, and you will not have to pay capital gains taxes on their increased value over the original investment.
Gifts of Retirement Accounts.
Because of the estate and income taxes imposed after your lifetime on unused portions of retirement plans, you may wish to contribute some of these assets. To direct any remaining retirement assets to Pine Island after your lifetime, simply name Pine Island Camp as the beneficiary on the plan's beneficiary designation form. If you wish to split the benefits among your heirs and Pine Island, please consider giving the Camp a percentage of the plan's assets.
Life Insurance Policies.
You may own a life insurance policy that was acquired to protect a beneficiary who no longer needs protection. If so, you may wish to transfer the policy to Pine Island Camp as owner and irrevocable beneficiary. In doing so you will obtain an income tax deduction for the value of the policy at the time of transfer. If you continue to pay the premiums, you may deduct them too.
Once you have provided in your will for the people you love, you may wish to consider a bequest to Pine Island. A bequest could take either of these forms:
A specific bequest
"I devise and bequeath to Pine Island Camp, located in Belgrade Lakes, Maine, the sum of $___________ (or __________% of my estate) to be used for the Camp's general charitable purposes."'
A residuary bequest
"I devise and bequeath to Pine Island Camp, located in Belgrade Lakes, Maine, all (or specify __________%) of the rest, residue and remainder of my estate, whether real, personal or mixed, to be used for the Camp's general charitable purposes."
Please feel free to contact Pine Island Camp Director Ben Swan at any time to discuss any of these giving options:
Ben Swan, Director
Pine Island Camp
P.O. Box 242
Brunswick, ME 04011
If you are considering a gift to Pine Island Camp, please consult your attorney or financial advisor to learn how this information relates to your individual circumstances.