Through your will or retirement plan, you may specify assets to leave to the Trust by creating a bequest. Your estate can take a charitable deduction for the full amount of your bequest to the Trust. Depending on your estate size, this can result in a substantial tax savings.
Retirement Plan Assets – Name the Trust as a beneficiary of an IRA (taxable account), 401(k), or other retirement plan. You can retain control of the assets during your lifetime, modify your plan at any time, and avoid significant tax burdens for your heirs, possibly providing estate tax savings. Your retirement plan may be worth more when donated to the Trust than to your heirs.
Life Insurance – Name the Trust as beneficiary of a life insurance policy, as owner of the policy, or assign the policy to the Trust. Such an arrangement may provide a significant tax savings.
Will, Revocable, or Living Trust – Name the Trust in your will or living trust. Such a gift will not affect your cash flow during your lifetime and may save your heirs significant inheritance tax debt. This is flexible, you may increase or decrease the amount at any time, and there is no IRS minimum amount for your gift to the Trust.
Planned Giving Information
Cacapon and Lost Rivers Land TR Inc. is a 501(c)3 tax-exempt, non-profit corporation. The Trust’s mission is to assist landowners an communities (throughout the Cacapon and Lost River watershed) in maintaining healthy rivers, protecting forests and farmland, and in preserving rural heritage for the enjoyment and well-being of present and future generations. The Trust’s EIN is 55-0700086.
Life-Income Gifts – A life-income gift enables you to make a lasting gift to the Trust while allowing you to receive income from that gift and to take advantage of favorable tax laws.
Charitable Remainder Trusts – Such a gift can provide income for life (or fixed number of years), portfolio diversification, income tax deduction, may avoid or defer tax on capital gain, offers an ideal way to make a large gift with appreciated assets, and may provide a federal estate tax savings.
Growth Income Fund – This Fund is similar to a mutual fund and provides a modest income stream initially, with strong income growth potential over time. It avoids tax on capital gain and provides an income tax deduction. There is a $55,000 minimum; gifts can be funded with cash or appreciated securities.
The Cacapon and Lost Rivers Land Trust is the only local land trust focused entirely on the Cacapon and Lost River Valley.
Our localized and watershed based approach to land protection through conservation easements and the protection of rural heritage through education and outreach put our land trust in the unique position to make a profound impact in both our local community and greater region.
The following are a few of the many exciting auction items for this year’s fall fundraising event!
Water color of the Cacapon River by Gene Smith. Eugene’s diversity of styles has created a large market which led him to establish his gallery in Old Town Winchester in 1987. Eugene shows his work at his gallery, at juried exhibits throughout the US and at special events, including charitable benefits. His works are included in private international collections. You can view his work and donation item at http://eugenebsmith.com/gallery/landscapes/ (Look at the 5th and 6th pictures listed at the bottom. We will auction one of these unframed prints of the Cacapon River)
Located in Dutch Hollow Valley, near Warden Lake and Wardensville, WV, the 1,200 private-acre Fallen Spring Hunt Club (Butch Mills) has offered both Small Game and Deer Season Hunts for 2 people (one price). Buyer will receive certificate for Small Game Season (Arrive Tuesday evening October 28 and camp at the Lodge October 29-November 1, 2014), AND Deer Season (Arrive Sunday November 23 and stay through Friday November 28, 2014. Must confirm dates of arrival by October 15, 2014 and must have proper licenses and stamps – no exceptions. A release waiver must be signed. All meals and lodging are included. Auctioneer is willing to auction Small Game and Deer Season items separately if requested.
Tom Cogill photographs of the Cacapon River Valley framed by professional framer Wink Hastings of C-Kat Studios in Baltimore MD. Tom Cogill (Charlottesville, VA) has photographed for National Geographic Magazine and other well-known publications. He was also the photographer of the Trust’s Listening to the Land book, published by WV University Press.
Cacapon/Lost/North River valley fly-over in a single-engine plan piloted by David Warner (years of flying experience!). Dave is a professional forester and owner of Timberland Consulting located near Augusta, WV.
A day-long float by raft, fly fishing instruction, and lunch for two anglers with a guide/instructor (along with another guide to assist who will following in a canoe/shredder/kayak), on either the Cacapon or South Branch of the Potomac Rivers (predicated on timing and water levels). Jack Bell of Morgantown, and Ed Hayne of Charleston, have decades of experience as fly-fishing instructors and fishing guides. Jack served as the co-coordinator for Trout Unlimited’s WV fly-fishing school in Bemis for 28 years. Ed has been a regular instructor at the school for many years and is a long-time instructor for the Kanawha County Adult Education program classes on trout fishing, fly casting, and fly rod building. Jack and Ed are starting a professional fishing guide venture in northern West Virginia and western Maryland.
Roland Glen Fingers signed baseball in a Plexiglas case: (born August 25, 1946) Roland is a retired American Major League Baseball relief pitcher. During his 18-year baseball career, he pitched for the Oakland Athletics (1968–76), San Diego Padres (1977–80) and Milwaukee Brewers (1981–85). In 1992, he became only the second reliever to be elected to the National Baseball Hall of Fame. Fingers is also one of only a few MLB players to have his number retired by more than one club (Oakland Athletics and Milwaukee Brewers). During his career, Fingers was known just as much for his neatly groomed handlebar mustache as he was for his hard biting sinker. (From Wikipedia)
Warren Edward Spahn signed baseball in a Plexiglas case: (April 23, 1921 – November 24, 2003) was a Major League Baseball left-handed pitcher. He played his entire 21-year baseball career in the National League. He won 20 games or more in 13 seasons, including a 23–7 record when he was age 42. Spahn was the 1957Cy Young Award winner, and was the runner-up three times, all during the period when just one award was given. He was elected to the Baseball Hall of Fame in 1973, with 83% of the total vote. (His eligibility was delayed, under the rules of the time, by two years of token minor league play). Spahn won 363 games, more than any other left-handed pitcher in history, and more than any other pitcher who played his entire career in the post-1920 live-ball era. He is acknowledged as one of the best pitchers in Major League Baseball history. The Warren Spahn Award, given to the major leagues’ best left-handed pitcher, is named after him. Regarded as a “thinking man’s” pitcher who liked to outwit batters, Spahn once described his approach on the mound: “Hitting is timing. Pitching is upsetting timing.” (From Wikipedia)
Two-night stay and dinner (for two) at the Lost River Grill and B&B, 8079 SR 259, Lost River, WV 26810 or view the Grill at www.lostrivergrill.com. The winner of the bid is entitled to a complimentary two-night stay at the Lost River B&B for 2 with continental breakfast included, excluding state and local sales and use tax, and one complimentary dinner for 2 at the Lost River Grill, excluding sales tax, liquor, beer, or wine. Availability excludes holidays and holiday weekends. Valid Monday – Sunday.
Five last generation blight resistant American chestnut seeds from The American Chestnut Foundation
Canaan Valley Beaver Ridge Condo 2 nights and 3 days when vacant. Includes one king and one fold-out beds, fire place with free wood, wifi, cable TV, fully equipped kitchen, washer/dryer, and AC. No pets or smoking allowed. Near ski slopes and adjacent to Monongahela National Forest (trailhead at parking lot). Includes: air conditioning, linens, washer & dryer, high speed internet, fireplace with free wood, WiFi, Cable TV, and DVD. Free use of tennis courts and heated swimming pool (summer only). For more information, visit http://www.t4sr.com/Unit/Details/87531
Enjoy a morning or afternoon of shooting clays at “The Matrix”, North River Retreat, Delray WV www.northriverretreat.com. The Matrix is a shooting platform with 5 shooting stands at 5 levels. Seven traps electronically release clays at varying distances and angels, challenging even the best shooters. Auction winner wins the use of the range during the morning or afternoon by up to 5 people, the release of 100 clay pigeons, 100 shotgun shells (4 boxes of 20 twelve gauge), use of shotguns, eye and ear protection and shooting vests, along with drinks and snacks. Certificate valid for one year only (until October 4, 2015) and must be arranged with North River Retreat staff.