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Bequest

 

A provision in a will, for Maine Public Broadcasting Network, allows for a substantial contribution without diminishing assets during one’s lifetime. Since bequests for MPBN are deductible from the estate, significant tax savings are possible. 

A gift through your estate can provide significant support to MPBN. The gift can be made through a will or a trust, and both documents enable you to distribute assets to individuals and nonprofit organizations in the amounts or proportions you indicate. 

A gift through your estate provides the following benefits: 

  • The opportunity to make a major gift while preserving assets during life
  • Reduction in federal estate taxes
  • The opportunity to designate the gift to a specific program at MPBN

All assets including cash, securities, real estate, and tangible personal property, such as works of art, may be transferred to MPBN through your estate. A gift through your estate can be made in the following ways: 

Specific Bequest 

MPBN receives a specific dollar amount, a specific piece of property, or a stated percentage of the estate. This is one of the most popular forms of bequests. 

 

Residuary Bequest 

MPBN will receive all or a stated percentage of an estate after distribution of specific bequests and payment of debts, taxes, and expenses. 

 

Contingent Bequest 

MPBN will receive part or all of the estate under certain specified circumstances. 

 

Tax ID:
Our Tax Identification number is 22-3171529

Maine Public Broadcasting Network is tax exempt under section 501(c)3 of the Internal Revenue Code.

Sample Language for Gifts:
I hereby give, devise and bequeath to Maine Public Broadcasting Network, a nonprofit corporation, organized and existing under the laws of the State of Maine, and with a current headquarters address of 1450 Lisbon Street, Lewiston, Maine 04240, tax identification number 22-3171529, the sum of $_________ or ________% of my estate or ______% of the residue of my estate.
 

For more information, on our Major Gifts Programs please contact us:

 

Erin Merrill Jim Wilkins Heide Lester Kate Phenix Louise Woodbury

Director of Major Gifts

Major Gifts Officer

Major Gifts Coordinator

Development &
Communication Associate

Development Assistant

207-330-4550

207-330-4530

207-330-4519

207-330-4600

207-330-4603

emerrill@mpbn.net

jwilkins@mpbn.net

hlester@mpbn.net

kphenix@mpbn.net

lwoodbury@mpbn.net

 

Founded by the University of Maine System and Colby, Bates and Bowdoin Colleges.

Copyright © 2014 Maine Public Broadcasting Network. All rights reserved.