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More Ways to Give

Learn more about the ways you can support Northwest Maritime today and in the future.

Appreciated Securities

Magnify the impact of your gift while supporting powerful maritime experiences by donating stocks or other assets that (a) have gone up in value and (b) you’ve owned more than 12 months.

Transfer instructions:
Investment Firm Name: Gale Investment Management
Firm Mailing Address: 675 Tyler St., Port Townsend, WA 98368
Firm Contact Name, Number, and Email: Stephanie Gale, 360.385.5044, info@galeim.com
Account Title: Northwest Maritime Center
Account Number: 0QF364541
DTC Number: 0226
NWMC Tax ID Number: 91-1931643

Please alert us when you donate securities. It’s the only way we’ll know of your generous gift, and be sure to instruct your broker to include your name and contact information in the DTC comment field.

A Note on Valuation:
The value of a gift of stock is the mean between the high and low stock price on the date the gift is made. The value of gifts of mutual fund shares is the fund’s closing price on the date the gift is made.

Qualified Charitable Distribution from Your IRA

A Qualified Charitable Distribution (QCD) allows individuals age 70½ or older to donate up to $105,000 total per year directly from a taxable IRA to their favorite charities.For donors age 73 or older, a QCD can help satisfy the annual minimum distribution requirement, thereby reducing taxable income.

Information to give your account custodian:

Northwest Maritime Center
431 Water Street
Port Townsend, WA 98368
FEIN: 91-1931643

Northwest Maritime does not give tax or legal advice. Please consult your professional financial advisor before making this type or charitable gift.

Bequests & Living Trusts

You can remember Northwest Maritime in your trust, will, or other estate plans. You retain full control of your assets during your lifetime while knowing that your gift will have a lasting impact.

Please consult your estate planning attorney regarding the specifics of your estate and how your will or trust should be worded to best communicate your wishes. You can, however, use this basic language to include Northwest Maritime  in your estate document:

I give to Northwest Maritime, a charitable organization with federal tax ID number 91-1931643 and located in Port Townsend, Washington, ___% of the rest, residue, and remainder of my estate.

Charitable Remainder Trusts

Reduce your taxes, provide a potential income stream for yourself and loved ones, and support the mission of your favorite charity or charities: you can accomplish all three through a charitable remainder trust (CRT). A CRT is an irrevocable trust designed to reduce your taxable income by first dispersing income to your beneficiaries for a specified period of time, and then donating the remainder of the trust to your designated charitable organization(s).

Please consult your professional financial advisor about setting up a charitable remainder trust.

Insurance Policies

You may have a life insurance policy that you took out years ago for specific purposes but no longer need today. In this case, you could designate the Northwest Maritime Center as the beneficiary of that policy.

An easy way to make a larger gift over time is to make a gift of a new policy for charitable purposes, which would also give you an income tax deduction. In addition, future premium payments will be tax-deductible.

Please consult your insurance agent or financial advisor about the various ways you can use insurance policies to meet your charitable giving goals.

Financial Accounts

You can designate the Northwest Maritime Center as a payable-on-death beneficiary of a CD, savings account, brokerage account, etc. Often this is simply a form you fill out; speak with the manager at your financial institution. These gifts are revocable during life.

Leadership Giving Circles

Make a greater impact through our Leadership Giving Circles. Join like-minded individuals—passionate and enthusiastic advocates and ambassadors who help us chart our course and stay true to our vision of creating powerful connections with the sea to build a resilient and courageous world. 

Learn more.