Help guarantee The Yankee Air Museum’s future by making a planned gift through the Michigan Aerospace Foundation. Support our ongoing building program for the museum or the Michigan Aerospace Foundation Endowment Fund. The building program will essentially be a perpetual program because once the 15 year building program is completed, we will need to go back, start over and restore and update the early buildings. The Endowment Fund will provide needed funding for future operations of the Yankee Air Museum. There is much more to this future than simply building a new campus. The Yankee Air Museum will need an ongoing financial support base to fund operations. This is what the endowment fund does – guarantees that funding will be available for operations in the future.

The message you send with a planned gift to the Michigan Aerospace Foundation will honor those who have gone before us, and especially the World War II Generation who gave so much to ensure our way of life and our very freedom. Your planned gift will be seen and heard for generations, furthering the mission to preserve what we know about this history for our children and grandchildren and their grandchildren. We must not let this history be forgotten.

By declaring your intent to include The Michigan Aerospace Foundation in your will, trust or beneficiary arrangements, you allow us to acknowledge your gift with the appreciation it deserves.

Read through the following options; if you have already taken steps to include The Michigan Aerospace Foundation in your plans, fill out the enclosed intention form, and mail it to the address at the bottom. If you have any questions, contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it , This e-mail address is being protected from spam bots, you need JavaScript enabled to view it , or This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

The Michigan Aerospace Foundation (MAF) is a 501 (c)(3), tax exempt organization. Gifts and Contributions to MAF are in most cases tax exempt and we encourage you to prepare your giving plan by examining your preferences and capacity for giving, and matching that with the many forms your gift may take. Your gift may be a present day gift, a future pledge, or some form of planned giving. We encourage you to consult with your attorney and your accountant as you consider the form your gifts and contributions will take. The Foundation strives to accept gifts, contributions and future pledges in as many forms as possible, allowing you the flexibility to support our efforts while maximizing the opportunities for you. Here are some of the forms your gifts may take, all of which will be properly acknowledged with the necessary receipts.

Outright, present day gifts and contributions:
CASH
MATCHING GIFTS
EMPLOYER GRANTS
SECURITIES
STOCK OPTIONS
TANGIBLE PERSONAL PROPERTY
INTANGIBLE PERSONAL PROPERTY
CERTIFICATES OF DEPOSITS (CD's)
RETIREMENT PLANS
ENDOWMENTS
GIFTS IN KIND

Future Contributions and Pledges:
BEQUEST (Revocable)
LIFE INSURANCE (Revocable)
LIFE INSURANCE (Irrevocable)
CHARITABLE GIFT ANNUITY
RESIDUAL INTEREST ARRANGEMENTS
CHARITABLE REMAINDER TRUSTS

Outright, present day gifts and contributions:

CASH
Cash usually in the form of a checks is the easiest form of immediate contribution and provides the greatest flexibility for the donors tax deductions. For your convenience the MAF also accepts gift payment by credit card.
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MATCHING GIFTS
Many employers match gifts made by their employees or make grants to organizations recommended by employees. Be sure to ask your company how it can help your gift go even further. MAF will provide any supporting documentation required for you to obtain a matching gift.
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EMPLOYER GRANTS
Many employers make grants to organizations recommended by their employees. These Community Support programs are a valuable way for a company to show support for the local community. Ask your company if it offers this type of program.
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SECURITIES
These may include corporate stocks and bonds, bonds issued by the U. S. Government or its agencies, or shares of mutual funds. Gift receipts will be issued for fair market value. This form of contribution can reduce capital gains. Securities of closely held companies may be accepted pending review.
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STOCK OPTIONS
Gifts of Stock Options in publicly traded Corporations can provide significant benefits to the donor as well as the Foundation.
REAL ESTATE Gifts of real estate may be contributed as outright gifts, as a retained life estate, or as a contribution to a charitable remainder trust, or may be gifted to the Foundation through a donor's will and estate plan. These gifts may take the form of a house, farm, vacation home, commercial buildings, and income-producing or non-income-producing land.
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TANGIBLE PERSONAL PROPERTY
Gifts of aircraft (historic or current) art, book collections, equipment, vehicles and furniture can be receipted for fair market value determined by appraisal, which can reduce capital gains tax.
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INTANGIBLE PERSONAL PROPERTY
Gifts of copyrights, royalties, patents, partnership interests and other forms of Intangible Personal Property can provide benefits to both the Foundation and the donor.
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CERTIFICATES OF DEPOSIT CDs
Can be assigned to the Michigan Aerospace Foundation through POD (payable on death) designation or assigned to the Foundation at maturity of the certificate.
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RETIREMENT PLANS
Individual Retire Accounts, company-sponsored 401(k) and non-profit (403(b) plans make excellent gift vehicles.
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ENDOWMENTS
Endowments can be made through the Community Foundation for Southeastern Michigan. Because Endowments only use the earnings on your contribution, they are better suited for long range, operational support. However, an endowment can be set up for a very specific purpose if that is you choice. Receipts are issued for the amount of the gift.
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GIFTS IN KIND
Does your company have a product or service which the MAF can use? These types of gifts are just as valuable as cash donations. Receipts are issued for the value of the product or service.
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Future Contributions and Pledges:

BEQUEST (Revocable)
Cash securities, real estate and/or tangible property can be bequeathed, possibly reducing capital gains tax.
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LIFE INSURANCE (Revocable)
The donor is the owner and the Foundation is the beneficiary. The MAF receives the death benefit unless the donor changes beneficiary status. Gift receipt to the estate if death proceeds are paid to the estate and a comparable bequest is made to the Foundation. There is no gift receipt if the proceeds are paid directly to the Foundation.
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LIFE INSURANCE (Irrevocable)
The Foundation is both the donor and the owner. Foundation has access to cash value with assured death benefit proceeds. Gift receipts issued as donor pays premiums.
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CHARITABLE GIFT ANNUITY
Guaranteed life payments with reduced or eliminated tax on annuity portion.
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RESIDUAL INTEREST ARRANGEMENTS
Donor reserves right to use property (real estate, art, books) for life or specified term. Gift receipt for present value and reduction in capital gains tax.
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CHARITABLE REMAINDER TRUSTS
Guaranteed income for life or specified term with possibility of multiple beneficiaries. The MAF can act as Trustee. Gift receipt for present value with possible reduction of capital gains tax. Property outside the donor's will therefore remains free from probate.
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