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How Boomers Become Mote Donors
Rande Ridenour is a Mote donor and the chairman of the Mote Advisory Committee.
It's not just seniors whose legacy gifts are supporting Mote research and education. Now the baby boomers are stepping up to the plate with a keen sense of responsibility for the health and sustainability of marine life.
If you have any doubts, talk to Rande Ridenour, himself a Mote donor and, for the past five years, the chairman of the Mote Advisory Committee, a group of influential men and women who act as Mote's ambassadors to the business community.
Rande comes on strong because he is a believer in the mission. Advisory Committee members spread the word, person to person, to educate the public about the need to protect the marine ecosystem, to emphasize Mote Marine Laboratory's many scientific contributions to this end and to motivate governments to fund research and implement laws that safeguard marine life.
The laboratory has been advancing the science of the sea since its founding in 1955. Today there are 24 research projects, many in cooperation with government agencies and private marine science organizations. These projects cover everything from understanding the role of microbes in coral health and disease, to tracking whale sharks, to new, cost-effective systems to grow marine and freshwater fish (such as sturgeon for meat and caviar) using environmentally sound practices.
Look into what the laboratory is doing today. The many research and education initiatives will amaze you and motivate you to include Mote Marine Laboratory in your estate plans.
There are several ways to donate, including a charitable remainder unitrust, a good option for younger donors. It provides a steady stream of payments to you while you live and leaves Mote a generous gift as the remainder beneficiary.
Want More Giving Ideas?
For more ideas, on how you can leave a legacy at Mote Marine Laboratory, contact The Development Office at 941-388-4441, Ext. 309 or email@example.com today, at no obligation.
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 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.