Orange County NC Website
i ' <br /> I <br /> �. <br /> AT <br /> 4. <br /> - - A know anything else about them . We <br /> . - == _ _ - - <br /> L=' - a : » <br /> ., ; rr�" _ itI_ �° h ::;,. never took them out to dinner. _ <br /> 4� . <br /> : A <br /> = '= Q A AIR <br /> .y _: : If wealth has a new face,A. <br /> if bequests are '= -_ <br /> -All A =:� , _. about to explode, and if the estate tax may <br /> r' - _ <br /> OR FIt �AAAI ` l I� - - A . :. " soon disappear, why don't nonprofits <br /> IF A FUR A �: PP YWW _ IF - <br /> a '�=" _,"=�` know? Why are bequests so mysterious? <br /> ` x : ,• _ : =_ IIII <br /> :7 If you went up to your mother andAtA <br /> At <br /> ':ri. ;_ _ FFA It OFF :. _. �. asked her how much she's leavin you in <br /> 1 �. <br /> F `» - IF <br /> ? )) <br /> r ' Y t. �',; r-;,d_-. -=:.: o old that o over. asks r. . FAA- <br /> FAIR her will, how would gIF <br /> , > IAll <br /> A. _ - A <br /> 4 _ <br /> .. - <br /> e h en . You c ant ask that <br /> - <br /> " ; :: . a S ten us <br /> .r t, J YIF A <br /> - ;1 J`� <br /> - - Y <br /> �� <br /> . _ - <br /> r ° <br /> .}i <br /> L�F <br /> rs `A - uestion . So ou make sure our arents � :.-; <br /> � <br /> . r: u .AFF,F IF <br /> : :=- <br /> IF AI <br /> i= ARI - 1 ='' have thou htfu] l Tanned and then you <br /> AA <br /> AAF <br /> IF <br /> CA <br /> AA <br /> a ' - ' - . . IA - - - ` : wait for the number. <br /> P,.j - - - - - ' �-' • ,�• I . .cam:- . . . _ .-F'� r , :` = ram' - <br /> 'r _ s . _ _ . = :,:: - : If the estate tax goes away, charities ,`., <br /> n ' : - - - - will have to find ways to et donors to <br /> - - _ r,w - <br /> 5'-'ii'r <br /> =r1: : <br /> tTCi ' t.•� .'ice _ _ <br /> : ' - - raise the sub ect sa s Scott Blakesle <br /> mow:." That can re uire reat skill and sensitiv- <br /> q g � . i <br /> = ` a = ity, according to experts, but a donor =:`; : ' <br /> �.- ; <br /> ;.. AF I <br /> -j _ ; f u: " <br /> , . <br /> =T {r committed to a cause will usually I. <br /> i f �A< - r -It-: = respond to an appeal expressed openly. <br /> ; :'.: ` `=' _ I -� We find it very simple to market <br /> } _ , x F ; bequests, " says Patricia Ford Yurkunas, A IF <br /> it AtAi ` d `, _ - _ 4_ director of development at Historic <br /> , ,. _ <br /> IAF <br /> FAAA A. <br /> -,. : Deerfield a collection of earl American <br /> >: A. <br /> 1 "IFIR AAA <br /> AW FAA; i� p$ - -AA <br /> house museums in western Massachu- 1 <br /> - := - - _ :: - _ . _ - 'I` <br /> _ �' _; - setts . ust lettin eo le know its an <br /> - - <br /> . ._ - J AFF <br /> P P <br /> ,- _ :It ZZ t , _ . : _: _ option is usuall all it takes . A donor _ - <br /> ,� !gAA _ = way. P Y '- <br /> w '` who informs Deerfield of a pending . 1A . <br /> bequest enrolled in a so <br /> ciety who <br /> se <br /> cc <br /> Boston College economists John Havens We were paying attention to broader members attend recognition lunches and • ° =' <br /> and Paul Schervish estimated the transfer trends in td FAA <br /> he giving community, but the receive a newsletter with inside informaldi I ;;lF <br /> of wealth from 1998 to aosa at $41 trill loss of federal funds really sharpened our tion as well as low-key information on it <br /> lion, an average of $ 745 billion a year, focus , " says Trust President Richard planned-giving options . : - <br /> Preservation or anizaxions must move Moe. " Since then, individual contribu- Historic Deerfield does better with <br /> g � : I FAA <br /> fast to capture their share of the wealth tions have doubled, and foundation giw the subject of money than do millions of <br /> It A <br /> transfer because their best donors are ing is up 50o percent. We are developing families . Even with mom and dad well <br /> alreadywell u in ears. The Stan H et a multifaceted a roach to revenue ro- into old age, the .to is of money may j . <br /> P Y Yam' PP P g P Y Y <br /> Hall and Gardens, for example, a Tudor duction. We still have a long way to go , never come up . " The million- dollar ! It AFFI <br /> revival mansion surrounded by 7o acres but we're getting there. " problem in estate planning is how to help = <br /> IF <br /> of landscaped gardens and grounds near The Trust's strongest financial power baby boomers talk to their parents about <br /> Akron, started a foundation for that purl comes not from corporations or from the their wealth , " says Steenhuysen . "And ;! <br /> pose last year. But probably the biggest superrich but rather from thousands of the interesting thing is that zoo years ago, AA <br /> A IF <br /> success story in preservation fund-raising small gifts . Nonprofits know that loyal it was no problem to ask a living person IFi <br /> over the last five years has been the annual donors are most likely to name about their bequests . Now it's off-limits . <br /> e i a bequest, but the don't know I think that we are in a Victorian age National Trust . In fiscal year z995 , the them n q y g <br /> a lot more about the process. "It happens right now, but today the taboo is not <br /> Trust had operating revenues of $34 mil- I . <br /> lion, of which $ 7 million was an appro- all the time, " says Dolores McDonagh, about sex. It's about money: " <br /> priation from Congress . Though the the Trusts vice president of membership . ± <br /> Trust's last- appropriation from Congress "We are notified that we have received a Brad Edmondson u vice president for content _ <br /> N came in 1999 , the groups operating rew, bequest of $ ioo ,000 . We know the per- at ePodunk. com, a local information serviceAt AF, <br /> 4 <br /> enues hit $4o million last year. son was a loyal member, but we don't based in Ithaca, N. Y• <br /> i'. <br /> t <br /> JANUARY / FEBRUARY 200I 13 - <br /> i . <br /> IF A - <br /> 1 <br /> rl <br />