You have the power to help safeguard the future of the Monterey Bay Aquarium by making an endowed gift. Your gift is an investment in our future, helping us grow and thrive for years to come.
Knowing that the threats facing the ocean are growing and will be with us for generations to come, we urge our Ocean Legacy donors to make an estate plan gift to the Monterey Bay Aquarium's Endowment Fund for the Future of the Ocean. This permanent endowment fund supports a broad range of programs including education, research, conservation initiatives and new exhibits. Your gift to our endowment will provide ongoing support for our ocean conservation work every year—forever. Growing our endowment and securing our programs for the future is a top priority.
You may also choose to designate your gift to our Children's Education Endowment Fund. In 2011, as part of our long-range commitment to inspire future generations of ocean stewards, we established this special endowment fund to ensure that school children and their teachers are always able to visit the Aquarium free of charge.
Each year, we distribute 4.25 percent of the invested funds' current market value to support our programs while the principle remains intact. Our endowment total is over $112 million, and $3.5 million is distributed from the endowment each year for our programs, including free admission for schoolchildren and their teachers. Your gift to our endowment will continue to provide critical support for our work far into the future. It is truly your legacy for the Aquarium and the ocean.
Your gift to the Aquarium's endowment will last in perpetuity, if you use appropriate language. Named Endowment Funds may be established with gifts of $100,000 or more.
View our recommended language.
Check Out This Potential Scenario
Long-time supporters Susan and Charlie want to make sure the Monterey Bay Aquarium continues to flourish long after they're gone. They also want to memorialize Charlie's parents, Mr. and Mrs. Jones. They make a $100,000 donation to the Monterey Bay Aquarium and establish The Charles and Lilly Jones Endowment Fund. We invest their gift, and each year a portion of the income from the invested money will be used to support our mission in honor of Charles and Lilly Jones. The rest of the income is reinvested in the fund, which allows it to grow and support us indefinitely. Susan and Charlie receive a federal income tax charitable deduction because they made a lump-sum gift, and Charlie's parents are recognized on our Benefactors plaque in the Aquarium.
- Seek the advice of your financial or legal advisor.
- Contact Mary Mullen at 831-648-4913 or email@example.com to discuss endowed gifts.
- If you include the Aquarium in your plans, please use our legal name and Federal Tax ID.
Legal Name: Monterey Bay Aquarium
Address: 886 Cannery Row, Monterey, CA 93940
Federal Tax ID Number: 94-2487469
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.