I can think of no better holiday gift to share than this news: just this week MNA signed the paperwork and acquired a spectacular new nature sanctuary on the shores of Lake Huron in Presque Isle County. The 51-acre property on Albany Bay includes 1,500 feet of shoreline and was donated by a generous landowner wishing to protect this unique, lakefront habitat.
The new sanctuary is home to a significant population of the threatened dwarf lake iris. The property and surrounding shoreline earns the highest ranking for biological rarity. Trails on the property will provide public access to the beautiful forest and shoreline, and we will get to work in 2018 to prepare the sanctuary for visitors.
Please watch for updates in the New Year!
For now, I invite you to pause in your holiday plans to take a sneak peek at this video and “fly” over this beautiful new sanctuary and the surrounding tropical-like blue waters of Lake Huron. (The Lake Huron bottom lands immediately offshore of the new sanctuary are part of the Thunder Bay National Marine Sanctuary—watch for the remains of the steamer Albany that sank in 1853.)
We extend our deep appreciation to the landowner for this incredible gift of nature. And we also thank all of you—your generous support makes it possible for MNA to acquire and hold forever this new sanctuary and many other exceptional places throughout the state. Together, we can—and do—protect Michigan’s rarest natural treasures.
You can give to nature and take advantage of a special tax treat for the year-end giving season with the IRA Charitable Rollover. But it must be done soon to count for 2017.
Here’s how it works:
People age 70 1/2 or older can make IRA transfer gifts tax-free to the Michigan Nature Association, a qualified charity;
Gifts of up to $100,000 qualify when IRA assets are transferred directly to the Charity;
Directly transferred gifts count towards the required minimum distributions you must take annually from your traditional IRAs, but aren’t included in your adjusted gross income and therefore are not counted as taxable income;
For married couples, each spouse can transfer up to $100,000 from their IRA.
A recent article in U.S. News & World Report, “How to Donate Your Required Minimum Distribution to Charity,” provides an excellent overview. But time for a qualifying gift for the 2017 tax year is running out. Transfers must be complete by December 31, 2017 for this tax year. To make a qualifying gift to MNA for the 2017 tax year we encourage you to contact your IRA administrator while there is still time.
Thanks for considering MNA in your year-end giving.
P.S. Don’t forget, transfers must be made by December 31, 2017 to qualify for this tax year.
If your New Year’s resolution includes estate planning and a desire to leave a lasting legacy for nature, contact Garret Johnson, (866) 223-2231 or firstname.lastname@example.org, for a confidential conversation about becoming an MNA Guardian of the Future.