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Planned Giving and the MSGA Scholarship Fund click for details
A Maine Golf Legacy
Itís only a game, right? Particularly at the amateur level, thatís an accurate comment about the ancient game of golf. But for many of us itís an important part of our recreational life. It is a significant element of the balance one attempts to create along lifeís journey Golf is wicked fun!
In Maine, leisure golfers have done more than simply play a game. They have created a legacy for the next generation to follow their footsteps along friendly fairways, making the rough more navigable.
Members of the Maine State Golf Association have established an endowment fund for State of Maine youngsters to attend colleges and universities across the country, and as part of its annual budget, the MSGA makes a very significant contribution toward the funding of that year's scholarships.
Currently more than 40 young men and women from Maine receive help with the costs of their education from the MSGA Scholarship Fund.
We invite your participation. Please call us, or read these pages, to learn how easy it can be to help our good kids from Maine!
In Maine itís not just a game... Itís a legacy. Become a part of it!
Ways to Give to the MSGA Scholarship Fund
The easiest way Ė donate a portion of your MSGA winnings back to the Scholarship Fund. The donation is easily deducted from your MSGA account and youíll be recognized as a contributor. Because your MSGA prize winnings are not considered income, donations from winnings are not tax deductible.
Think of the MSGA Scholarship Fund while planning your charitable gifts every year. Donations to the fund are fully tax deductible. Monetary donations may be sent directly to the MSGA Office.
Honor or remember your friends and relatives with a scholarship contribution given in their names.
Get a team for the Charlieís Maine Open Pro Am, which is the largest single fundraiser held each year.
For those of you to whom golf is very special, plan ahead and consider naming the MSGA Scholarship Fund in either your will or as the charity for whom youíd like donations to be made on your passing. Or consider taking a life insurance policy and naming the fund as the benefactor. The contributions you make will ensure that youíre remembered for generations to come! And youíll make a significant contribution to the future as well. For more information on charitable bequests, see below.
Unless you indicate in your Will that a specific part of your estate is to go to a favorite charity, it is unlikely to ever happen. Without a Will, youíll have no guarantee the heirs prescribed by law will follow through with your wishes.
Here is some simple language when you visit your attorney to include in your new Will, or to add a codicil to your existing Will, that makes it easy to make a gift to the MSGA:
"I give and bequeath to the Maine State Golf Association the sum of $_________ to be used for its Scholarship Program."
"I give, devise, and bequeath to the Maine State Golf Association for its general purposes all (or state a fraction or percentage) of the rest, residue and remainder of my estate, both real and personal."