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A Mote Donor Cast in Concrete

Ken Rear

He's not a statue, but a real live Canadian whose professional life was all about concrete— from his first job to his last job some 40 years later.

Ken Rear was raised in Vancouver, British Columbia, and graduated from the British Columbia Institute of Technology as a civil engineer in technology. He started with a building materials company in Vancouver working with concrete. While in Vancouver he married his lovely wife, Sheila, and they had a son and a daughter. Years later, he moved with his family to Boston where he worked with another company in chemicals for concrete. His final job was with a cement manufacturer in Atlanta as Vice President and Director of Research. He also became an organizer of an international conference of cement scientists, an activity in which he is still involved. So, where and how did Ken connect with Mote and marine science?

Ken was fascinated by marine life from the earliest: first, in the aquariums in Vancouver and Seattle, and later those in Boston and Atlanta. As a youngster in Vancouver he went scuba diving in the cold waters of Georgia Strait and played footsie with giant octopus. Ten years before retirement, he and Sheila bought a vacation house on Anna Maria Island just to be near the sea. There they came to know of Mote the way so many people do— as Aquarium visitors. In 2007, free of paid work, Ken became a volunteer Aquarium guide. Encouraged by Volunteer Coordinator Lisa Kinsella, Ken says "Those marine science courses that new guides are required to take really hooked me."

Today, he also helps with taking care of the animals, including Taz, an orphaned dolphin that had a short stay in Mote's animal hospital. Ken feels strongly that Mote's seven research centers, the Aquarium and the Education Division are all deserving of more support than just his donation of time. That's why he has made a direct bequest to Mote in his final will and testament. Ken says, "I'll do what I can to protect marine life while I'm still around, and my money will help when I'm gone".

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A charitable bequest is one or two sentences in your will or living trust that leave to Mote Marine Laboratory and Aquarium a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

Bequest Language

The official bequest language for Mote Marine Laboratory is: "I, [name], of [city, state, ZIP], give, devise and bequeath to Mote Marine Laboratory [written amount or percentage of the estate or description of property] for its unrestricted use and purpose." 

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Mote or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Mote as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Mote as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Mote where you agree to make a gift to Mote and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

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