Special Gifts
With some planning, you can ensure that the IYRS programs you care about will be sustained for future generations. You may be able to increase your charitable deductions, or benefit from additional income during your lifetime, while contributing more than you may have thought possible to IYRS.
Gifts of Securities
A gift of appreciated stock, bonds, or mutual funds, if you have held them for more than a year, will provide a greater benefit to IYRS while avoiding capital gains taxes. IYRS would be pleased to assist you in transferring securities to support the IYRS program of your choice.
Designated Gifts
In addition to support for the school’s operations and education programs, donors may designate gifts to a range of special projects at IYRS. To designate your gift to a particular area of interest, including scholarships, restoration projects, curriculum development, campus facilities or another special project, donate online or send a check and specifics about your designation to the address below.
Scholarship Support
Each year, 40% of IYRS students count on scholarship support to fund their education at IYRS. Donors may contribute to the Joyce Selig Scholarship Fund which provides current-year support to IYRS students based on financial need. IYRS also encourages donations to endowed funds, which pay out a percentage each year to guarantee scholarship funding in perpetuity.
Endowments
Endowed funds support IYRS programs in perpetuity and minimize the school’s dependence on tuition and annual donations. Endowments include dedicated funds for scholarships, instructors, campus facilities, the education program, and special programs. IYRS encourages donors to support an existing scholarship endowment - or create your own endowment legacy at IYRS.
Bequests—Including IYRS in Your Will
A bequest provision in your will or revocable trust will ensure that the IYRS programs you are passionate about today will continue for future generations. Bequests may include cash, property, or a residual share of your estate. Supporters who have included IYRS in their estate plans are recognized in the IYRS Azimuth Society.
Planned Giving
You can ensure income during your lifetime, as well as a charitable deduction, through a charitable lead trust, charitable gift annuity, charitable remainder annuity trust, or deferred gift annuity. Other assets, including retirement accounts, life insurance policies or real estate, can create a lasting legacy at IYRS while minimizing the tax burden for you or your estate. Planned gift donors are recognized in the IYRS Azimuth Society. If you think one of these strategies might benefit you and IYRS, please contact IYRS for more information.
Boat Donations
Donate your boat to help train the next generation of shipwrights.
For more information on any type of special gifts to IYRS, please contact Maureen Coleman at 401-848-5777 ext. 209 or mcoleman@iyrs.org.
IYRS
449 Thames Street
Newport, RI 02840