Support the future of our fleet with a gift that lasts beyond a lifetime. Planned giving is a meaningful way to preserve our shared maritime heritage.

PLANNED GIVING

Support through planned giving ensures a lasting future for the Philadelphia Ship Preservation Guild. Your commitment helps us preserve our historic vessels, expand maritime education, and inspire future generations to connect with Philadelphia’s rich maritime heritage. By including the Guild in your plans, you're helping to secure not just the past, but the next chapter in our Philly's maritime story.

Legacy Gifts 'outside' of a Will

Naming the Philadelphia Ship Preservation Guild as a beneficiary of your retirement plan, IRA, life insurance policy, or bank or brokerage account is a generous way to make a legacy gift ‘outside’ of a Will. Like a bequest, these gifts help ensure the future of the ships under the care of PSPG.

Beneficiary designations are easy to implement, and giving retirement funds is a tax-wise strategy for many donors. For retirement and life insurance accounts, you will need to request a change of beneficiary form from your plan or policy administrator. For bank or brokerage accounts, you will need to fill out the appropriate form.

Learn More

Gifting through your will or living trust

Bequests are a very popular type of deferred gift. You can include the gift in your original will or revocable living trust, or add one later by an amendment. The gift can be for a specific amount of money, specific piece of property, or a percentage of your estate. Once family, friends, and other loved ones are cared for, PSPG can find a place as part of your life’s legacy. The following is sample bequest language to share with your attorney:

I, [name], of [city, state, ZIP], give, devise and bequeath to the Philadelphia Ship Preservation Guild [written amount or percentage of the estate or description of property] for its unrestricted use and purpose.

The PSPG Endowment

In shipbuilding, the keel is the foundation upon which the entire ship is built. What provides an even keel in your life? Is it your family and friends, the community where you live and work? Perhaps the Guild provided a pivotal experience that changed your life. Likewise, the Philadelphia Ship Preservation Guild depends on a small, but reliable ‘even keel’ of income from an Endowment. The Gazela Primeiro Preservation Fund is an endowment fund that was established over a decade ago and provides funding for ongoing maintenance of the Gazela. To build on this “keel” we need your help. Your planned investment in this preservation fund will ensure that we can maintain Gazela into the future.

Funds in the Gazela Primeiro Preservation Fund are carefully cultivated by professional investment managers at the Haverford Trust, a well-respected local firm that shepherds the finances of many local non-profits. Although the funds in the Endowment benefit the Gazela, they hold and administer them prudently and profitably. We hope you will consider adding your contribution to this campaign.

Decided on a planned giving strategy?

You can make a planned donation that is larger than you can give now. It can go either to the PSPG directly for upkeep to Gazela or Jupiter, or you can add your donation to the Endowment fund for Gazela in perpetuity.

You can make a gift now using your RMD, or donating stocks or other securities which can have beneficial tax implications for you this year. Talk to your tax advisor, financial planner, or Haverford Trust.

If you would like to share your plans with PSPG, please use this Planned Giving Confirmation Card. Confirmed donors become part of the Legacy Navigators, our circle of Leadership donors.

For more information, please contact Ellen Leung Church at development@philashipguild.org.

For immediate donations or monthly recurring donations please see our Donation Page.

Additional Information About Planned Giving

Retirement Plan Assets: You may designate the Guild as the beneficiary of your IRA or other retirement assets (such as 401(k) and 403(b) plans) and PSPG will receive the funds upon your passing. The entire balance or just a portion may be designated for PSPG’s use. If you wish, you may make an outright gift from these same assets during your lifetime; this would benefit the Guild immediately. Retirement assets (such as 401(k)s and IRAs) can generate estate and income taxes, leaving little for your heirs, but by designating PSPG as a beneficiary you can potentially avoid these taxes while supporting the Guild and the ships.

Contribute now Tax-Free to PSPG through your IRA: If you are older than 73 and must take your Required Minimum Distribution (RMD) from an IRA, please consider having a portion of it sent directly to the Philadelphia Ship Preservation Guild. This way you have fulfilled part of your requirement for the RMD, you pay zero taxes on the distribution, and the Guild gets a donation from a loyal supporter. The requirement to avoid all taxes on your part is that the donation must transfer directly from the IRA trustee to PSPG. You can designate it either for your annual donation or for a donation to the PSPG Endowment. Either way, you ensure that PSPG can continue to maintain the ships that you love.

This information is for general purposes only and is not intended as legal or financial advice. Individual situations vary and PSPG recommends that every person considering a planned gift consult with their financial and/or legal advisor.

HELP US REACH OUR FUNDING GOALS

$248,198.34

$554,902.10