Chesapeake Bay Maritime Museum
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Ways to Give to the Chesapeake Bay Maritime Museum

Gifts of Stock

A gift of stock is a great way to support the Chesapeake Bay Maritime Museum. If you have stock that has appreciated greatly in value, you may consider giving securities as a year-end gift to the Museum. Giving long-term appreciated stock offers you a two-fold tax saving. First, you avoid paying capital gains tax on the increased value of your stock. Second, you receive a tax deduction for the full fair market value of the stock on the date of your gift to the Museum. For income tax purposes the value of a gift of stock may be deducted up to 30% of your adjusted gross income with a additional five-year carry forward of any balance.

Making a gift of stock to the Chesapeake Bay Maritime Museum is easy. Just inform your broker of your intention to make a gift, have him or her give the Museum a call, and the Museum handles the rest!
For more information or to make a gift of stock, call René Stevenson, Director of Development at the Chesapeake Bay Maritime Museum at 410-745-4950 or e-mail rstevenson@cbmm.org.

Memorial Gifts

The Chesapeake Bay Maritime Museum is pleased to receive memorial gifts to honor both Museum members and non-members. The Museum accepts memorial gifts in the form of a check or gifts of stock. When making your memorial gift, please note the name of the individual you wish to honor and make your gift payable to:

Chesapeake Bay Maritime Museum
Navy Point, PO Box 636
St. Michaels, MD 21633

If you have any additional questions regarding memorial gifts, please call René Stevenson, Director of Development, at 410-745-4950.

Endowments

A named endowment may be established by a donor to the Museum by making a contribution of at least $25,000. The following named endowment funds are perpetual and their income has supported the Chesapeake Bay Maritime Museum since the first endowment fund was established in 1969.

Education and Curatorial Endowments

  • The Boatbuilding Apprentice Fund
  • The Norman H. and Ellen K. Plummer Howard I. Chapelle Memorial Library Endowment
  • The Collection Acquisition Endowment
  • The Curatorial Endowment
  • The J. Douglas Darby Memorial Education Endowment
  • The J. Douglas Darby Library Endowment
  • The Davenport Family Foundation Endowment
  • The Education Endowment
  • The Fichtner Community Sailing Endowment
  • The Maintenance for Floating Exhibits Endowment
  • The Jean McIntosh & William Carveth Heyn Endowment Fund
  • The George F. Johnson Endowment
  • The Program Endowment for the Kerr Center for Chesapeake Studies
  • The Kimberly-Clark Endowment, in Memory of Robert J. Kimberly
  • The Lenfest Foundation Lecture Series Endowment
  • The Lighthouse Endowment
  • The James Michener Intern Endowment
  • The Phillip E. Nuttle Waterfowl Endowment
  • The David & Susan Pyles Community Sailing Endowment
  • The Sailing Club of the Chesapeake Sail Training Endowment
  • The Chesapeake Bay Log Canoe Trophy Endowment
  • The C.V. Starr Scholarship Endowment
  • The Barbara Stewart Museum Store Endowment
  • The Dr. Charles H. Thornton Education Program Endowment Fund
  • The Trumpy Yacht Endowment
  • The Ernest and Jane Tucker Apprentice Endowment
  • The George Harry Wagner Memorial Scholarship Endowment
  • The Webster Endowment
  • The Ralph H. Wiley Education Endowment

Operating Endowments

  • The J. Howard Adkins Memorial Endowment Fund
  • The David B. Baker, Jr. Memorial Endowment
  • The Bedford Family Fund Operating Endowment
  • The Bruce Ford Brown Memorial Operating Endowment
  • The Buildings & Grounds Endowment
  • The C. Thomas Clagett, Jr. Operating Endowment
  • The Edward B. Freeman Memorial Operating Endowment
  • The James & Marianna Horner Operating Endowment
  • The Constance Stuart Larrabee Endowment
  • The Dundas Leavitt Memorial Operating Endowment
  • The Peter Max Operating Endowment
  • The Memorial Operating Endowment
  • The Fred and Nancy Meendsen Endowment
  • The Members Operating Endowment
  • The John B. Mencke Memorial Endowment
  • The Sumner and Frances Parker Endowment
  • The J. Thomas and Eleanor Requard Operating Endowment
  • The J.W. Sener, Jr. Endowment
  • The W. Mason Shehan Memorial Endowment Fund
  • The Ralph Simmons Operating Endowment
  • The Linda & Hank Spire Operating Endowment
  • The John R. Valliant Log Canoe Fund
  • The Vane Brothers Company Endowment

Planned Giving
Use Your IRA as Never Before

The Pension Protection Act of 2006 encourages financial support of charitable organizations by allowing donors to make a lifetime gift using funds from their individual retirement account (IRA) without undesirable tax effects. IRA gifts can be accomplished simply and without tax complications. Plus, you can make the gift now—while you are living and able to witness the benefits of your generosity.

You may contribute funds this way if:

  • You are age 70½ or older
  • The gift is $100,000 or less each year
  • You make the gift on or before Dec. 31, 2010
  • You transfer funds directly from an IRA or Rollover IRA
  • You transfer the gift outright to one or more public charities, but not supporting organizations or donor advised funds.

How to Make a Gift of an IRA
Prior to making a gift, contact Heather Moore at 410-745-4958, for special instructions. You can then contact your IRA custodian to transfer your desired amount.

Gift by Will or Bequest

The Museum is deeply honored by being remembered in a supporter’s estate plan. If you plan to make a charitable gift by will, please meet with your attorney to discuss and update your will.

Let Us Know
We hope you'll tell us when you have named the Museum in your will. We would very much like the opportunity to thank you for your generosity.

If you prefer to remain anonymous, your gift will be kept completely confidential. But at the same time, recognition of your gift can encourage others to do the same. Whatever the case, we will honor your wishes, because we appreciate your support. If you have any questions or other specific requests about a bequest, please contact René Stevenson at 410-745-4950 or e-mail rstevenson@cbmm.org.

Chesapeake Bay Maritime Museum
213 N. Talbot St.
P.O. Box 636
St. Michaels, MD 21663
410-745-2916

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