Many visitors to Olana wish to pledge longterm support in various capacities. The Olana Partnership, the not for profit 501(c)(3) organization, supports Olana State Historic Site in numerous ways including maintaining and restoring the collections, restoring the main house and outbuildings, restoring 250 acre designed landscape, providing year round educational workshops and programs and educating the public on the significance of Frederic Church and his creation. You can support Olana now by becoming a member of The Olana Partnership, or donating to Olana’s annual fund. Other opportunities to support The Olana Partnership include attending special events and volunteering. Your support, at any level, is invaluable.
Annual fund gifts provide unrestricted funding to underwrite the projects and programs that The Olana Partnership undertakes each year—conservation and restoration of our collections (paintings, furniture, decorative objects); exhibitions; planning and implementation for restoration projects (Main House, Farm Complex, landscape); the protection of views and the growing array of educational programs offered on site and in schools. Please invest in Olana by making a contribution today.
Real estate offers you several creative ways to help Olana. Outright transfers, trusts, gifts of remainder interests, bargain sales, and gifts of fractional interests are possible. The tax treatment is similar to that for appreciated stock gifts.
Bequest A bequest in your will naming The Olana Partnership as a recipient of a portion of your estate is another option. It is flexible, private, and easy. A bequest may be for a specific dollar amount, a percentage or fraction of your estate, or it may take the form of a trust. The taxable amount of your estate is reduced by the value of any charitable bequests. If you are seventy-five years of age or older, The Olana Partnership will honor your intentions to provide a charitable bequest to the Partnership by giving full gift credit for the documented value of your bequest. For bequest language, please click here.
Life Income Agreements Life Income Agreements (trusts, gift annuities, and pooled income funds) can often be used as a way of sheltering assets that will pay income for life to you or anyone you name, with future benefit to Olana. You will receive a deduction for the value of Olana’s interest.
Retirement Funds are another means of benefiting Olana. Naming Olana as a beneficiary of all or part of an IRA or other retirement plan can achieve both estate tax and income tax savings. The Olana Partnership, as a 501 (c) 3 organization, will not pay income tax, and your heirs will receive their share of your estate without the burden of more taxes.
For more information about how you can support The Olana Partnership, please call 518-828-1872 or write to:
The Olana Partnership P.O. Box 199 Hudson, NY 12534
The Olana Partnership hosts the glamorous Frederic Edwin Church Award Gala and benefit parties throughout the year. Your attendance to an unforgettable event helps support our programs and mission. To learn more click here.