Letter to the Editor: Leave a Lasting Gift

Posted Friday November 30, 2012 by admin

[The following letter originally appeared in The Source.]

The Madison Foundation began in 1996 after a group of distinguished citizens wished to create a vehicle for Madison residents wanting to leave a lasting gift to the town they loved. Since then, the foundation has made grants to a broad cross section of worthy causes in our community. Some of these include: education, seniors, EMT equipment, youth enrichment, and our Neighbor to Neighbor effort.

All the grants are funded through the generous donations of Madison residents and legacy donors. Legacy donors might be individuals, families, or trusts wishing to build a permanent endowment to meet community needs. I encourage your readers to consider becoming a legacy donor by using one of the following: Specifying The Madison Foundation to be the recipient of a charitable bequest in your will; establishing a permanent endowment, which can be started with a pledge to contribute $10,000 initially or over a two-year period; establishing a Donor Advised Fund that permits the donor to decide how the funds are to be distributed; or creating a trust that can provide the donor with lifetime income plus tax benefits.

For those residents not quite ready for the above options, our Annual Fund appeal will be mailed around Dec. 1. All contributions will be greatly appreciated. For more information, visit our website, www.themadisonfoundation.org.

Geoffrey Palmer, Director
The Madison Foundation

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