Leave a Legacy for Kodiak
Do you want to leave a legacy for your community? By making a bequest to our permanent endowment for Kodiak, you can leave an enduring contribution to your hometown, allowing your generous spirit to extend beyond your own lifetime. The Kodiak Community Foundation permanent endowment makes grants to support residents of Kodiak, our institutions, and the land and wildlife that we love, now and forever. Many friends make their largest contributions through planned gifts, which are invested professionally and conservatively by The Alaska Community Foundation to grow over time.
You don’t have to be wealthy or without heirs to leave a legacy for the place that you love. All that is required is the thoughtful intention to make a difference for generations to come. When you join the Legacy Society for Alaska, you become a permanent member of the society of Alaskans who care for this amazing and special place on earth.
Options for Planned Giving Include:
Make a gift to the Kodiak Community Foundation in your will or trust: You can identify a specific amount to be donated or designate a percentage of your assets as a contribution after bequests are made to your heirs.
Designate Kodiak Community Foundation as a beneficiary of your retirement account(s) or life insurance policy: This option preserves the full value of your support, as your gift will not be subject to income or estate taxes.
Donate a paid-up life insurance policy
The Advantages of a Planned Gift:
Life is uncertain, and all of us want security in retirement. By leaving a planned gift, you can leave a legacy while ensuring that your assets are available until the end of your life. Then, your planned gift lives on to benefit the whole community.
Gifts may be a specific dollar amount, a percentage of your estate after taxes and expenses, or a gift of real property, stocks, artwork, or other valuables.
If you have a large estate, planned gifts can help your heirs avoid estate taxes.
Bequests can be made to:
The Alaska Community Foundation/Kodiak Community Foundation
EIN #92-0155067, a tax-exempt organization under IRS Section 501(c)(3)