SECURING THE FUTURE FOR ADIRONDACK EXPLORER THROUGH ITS ENDOWMENT FUND
There are many ways that you can invest in Adirondack Explorer, thereby ensuring the effectiveness and longevity of our nonprofit journalism for the Adirondacks.
Gifts of Cash–Outright contributions are the easiest way to give. When considering the size of your gift, remember that you may make an outright gift or a pledge that can be fulfilled over several years. Contributions of cash are tax deductible.
Gifts of Appreciated Assets–Any appreciated asset, such as securities or real estate, that is donated to the Explorer qualifies for both a federal and state tax deduction and avoids the tax on capital gains. You receive a charitable deduction for its fair-market value, and you escape tax on the capital-gain element in the property.
Charitable Bequest–You may designate Adirondack Explorer as a direct beneficiary of specific assets, of a portion of your estate or of your residuary estate.
Whatever the size of your bequest, you can have a lasting impact on the Explorer and help to ensure permanent protection of the Adirondack Park for future generations.
We suggest the following wording for a bequest:
I bequeath $___________(or a percentage of the residuary estate) toward the endowment of Adirondack Explorer, a nonprofit news organization devoted to the preservation and enjoyment of the Adirondacks. Adirondack Explorer is pleased to work with donors to define the terms of your gifts. We invite you to contact Tracy Ormsbee, Publisher, if you have questions, need more information, or would like to meet. You may reach her at (518) 891-9352; Tracy@AdirondackExplorer.org.
Adirondack Explorer is a 501(c)(3) non-profit corporation and gifts to the Explorer are fully tax deductible as allowed by law
The Jeffrey Family Fund: A new chapter for Adirondack news
Tad and Nancy Jeffrey passed along to their family not only a love of the Adirondacks, but also their commitment to supporting Adirondack causes for which they cared deeply. And in the fall of 2022, six years after Tad’s death and four years after Nancy’s, their children made a $500,000 gift from their parents to the Endowment of Adirondack Explorer, creating the Tad and Nancy Jeffrey Family Fund for Adirondack Journalism.