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Planned Giving

Planned Giving is a strategy to maximize your philanthropic goals. Through careful planning and the use of these alternative giving methods, you can enjoy significant tax savings, turn appreciated assets into a secure income stream, provide for loved ones, and make a larger gift to the Gulf of Maine Research Institute than you might have thought possible.

The most common form of planned giving is a bequest. This vehicle costs you nothing during your lifetime, instead transferring cash, securities, real estate or other property to GMRI from your estate. Planning for a bequest is as simple as adding language to your will.

Sample: I hereby give to the Gulf of Maine Research Institute (a non-profit with principal offices in Portland, Maine) [description of asset] to be used for its general purposes (or specific purpose or program if not intended for general support).

You can also consider naming GMRI as beneficiary of a retirement plan or life insurance policy.

Another strategy is to transfer funds to a charitable remainder trust. This allows you to generate income for yourself or another beneficiary for life or a specified number of years. The remainder then passes to GMRI. By contrast, a charitable lead trust could be set up to provide income to GMRI for a specific period of time. When the trust ends, the remainder goes back you or the beneficiary of your choice.

GMRI is delighted to work with donors on a variety of planned giving options. See our gift acceptance policy to get a sense of the other vehicles we generally accept. 

If you have further questions about our donation policies, please contact Maggie Roudsari, Chief Development Officer at or (207) 228-1626.