Planned Giving

Land protection is a permanent gift. The support you give today will help conserve land forever, ensuring that future generations of people as well as wildlife will continue to benefit from your generosity for many years to come.

The Open Space Institute thanks you for your interest in making a “forever gift.” Your tax-deductible planned gift offers numerous benefits, including potential tax reductions for you and your heirs, and the ability to protect the lands you love in perpetuity. The information below is intended to facilitate your philanthropic process but is not financial or estate advice. OSI recommends working with a qualified financial or estate advisor to ensure your gift achieves your philanthropic goals.

FOREVER GIFT OPTIONS

BEQUESTS

With a single sentence, you can include the Open Space Institute in your will and make a gift that will be remembered forever. Sample language is as follows:

• Bequest of specific dollar amount: “I hereby give, devise and bequeath ______ ($DOLLARS) to the Open Space Institute, a nonprofit organization located at 1370 Broadway, 5th Floor, New York, NY 10018; federal tax ID #52-1053406.”
• Bequest of specific asset: “I hereby give, devise and bequeath (description of asset) to the Open Space Institute, a nonprofit organization located at 1370 Broadway, 5th Floor, New York, NY 10018; federal tax ID #52-1053406.”
• Percentage bequest: “I hereby give, devise and bequeath ____ percent (____%) of my total estate determined as of the date of my death, to the Open Space Institute, a nonprofit organization located at 1370 Broadway, 5th Floor, New York, NY 10018; federal tax ID #52-1053406.”

IRA AND RETIREMENT PLAN ASSETS

You can name the Open Space Institute, as the designated beneficiary of a retirement plan such as your IRA, 401(k) or 403(b). This is an effective way to make a charitable gift since any portion you donate will not be subject to estate or income taxes.

LIFE INSURANCE

You can make a gift of life insurance by irrevocably designating the Open Space Institute as the owner and beneficiary of your policy. You can also name OSI as a partial or contingent beneficiary of a life insurance policy.