Legacy Fund
Legacy Fund
The purpose
of the Legacy Fund is to provide a means for Submarine Veterans, their
families, and their friends to preserve the legacy of the submarine force.
Serving aboard a submarine is one of the most important parts of their lives.
Their acts of heroism and dedication should not fall prey to the ravages of
time. By designating the United States Submarine Veterans Charitable Foundation
as the beneficiary of your donation, you are helping keep these memories alive.
In the days
leading up to your donation, you may want to seek the advice of an estate
planner or other financial advisor to determine the best way to make your
Legacy Gift to the Charitable Foundation. There are many ways for you to designate
the individual fund and the structure of a donation. The Charitable Foundation
has identified the following funds:
Scholarship
Fund – provides academic scholarship to the veteran’s children.
Brotherhood
Fund – provides financial assistance to veterans in crisis.
Building Fund
– provides for the operation and maintenance any facility owned or used by
USSVI.
Kap(SS) 4
Kid(SS) Fund – allows submarine veterans the opportunity to visit children who
are suffering from challenging medical conditions.
Library Fund –
maintains and makes available books, documents, videos, and audio materials to
researchers.
Memorial
& Museum Fund – donations not designated for a specific memorial help
maintain the many submarine memorials and museums located throughout the United
States.
General Fund
– donations are allocated to fund specific projects and programs.
Commissioning
Fund – allows USSVCF to work with a Ship’s Commissioning Committee in bringing
about support and guidance to project managers.
Legacy Fund –
provides a steady backbone for the Charitable Foundation Funds. Donated gifts
remain intact, not subject to distribution, and only the earnings are used
among the funds.
A donor may designate
one, many, or all funds as the recipient of the donation.
Currently,
USSVCF has identified the following as donation types. Specifics of each type
may be obtained from the Legacy Fund Manager at legacy@ussvcf.org.
Giving
Options
Charitable
Gift Annuity (income for life)
Remainder
Trust (income then donation)
Lead Trust
(donation then heirs)
Charitable
Gift Annuity (income for life)
Remainder
Trust (income then donation)
Lead Trust
(donation then heirs)
Why It
Matters
Preserves
submarine service legacy
Supports
future generations
Strengthens
the Foundation
Honors
lifelong service
Your interest in donating to the
Foundation is gratefully acknowledged. We would like to assist you and your
financial advisor in making an informed decision with your gift.
Thank you.
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