The SAR MAGAZINE is the official quarterly publication of the National Society of the Sons of the American Revolution published quarterly.
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12 SAR MAGAZINE Deferred gifts to The SAR Foundation are available through varied techniques By David N. Appleby, Missouri Society I frequently hear clients say they would like to leave something to their favorite charity when they are deceased, but they just aren't sure how to do it. I believe many of our SAR compatriots feel the same way. I hope you will find the following simple suggestions helpful if you would like to make a deferred gift to the SAR Foundation (SARF). 1. You may make a provision in your last will and testament naming the SARF as a beneficiary, either for a specific amount or for a percentage of your total estate. This is usually a relatively inexpensive action. 2. You may be able to take advantage of the Uniform Non-Probate Transfer Act, which has been adopted in most states. This allows you to simply re-title assets to make a transfer on death or pay on death designation to the SARF. The asset so titled passes immediately to the SARF at your death without a probate proceeding, subject usually to some rights of creditors. This is also typically a relatively inexpensive action and in many cases does not require an attorney to accomplish. However, as capital gains income tax liability could stem from such a transfer, consulting your attorney or accountant remains a good idea. 3. You may make a provision in a revocable living trust naming the SARF as a beneficiary, again, for a specific amount or for a percentage of the trust estate. This technique is generally more modestly expensive than a will or non-probate transfer designation, but as the trust avoids a probate proceeding and frequently has death and income tax advantages, this additional expense often is justified. 4. Often overlooked, naming the SARF as the beneficiary of an insurance product is a great technique for making a deferred gift. Annuities, as well as life SAR Legacy Program The 124th Annual National Congress Capital Campaign Changes and a Legacy Society Begins The 124th Congress and SAR Center and Museum Completion T he Capital Campaign that began in 2000 will conclude on Dec. 31, 2014, and a new capital program will begin. The 1776 Society, beginning Jan. 1, 2015, will be an annual campaign promoting yearly contributions for a square foot or multiple square feet of the SAR Center Museum space. A square foot is $592; 3 square feet are $1,776. Contributors will be recognized by the placing of their names (or a name of their choice) on a quill to be mounted at the SAR Center, and by a variety of awards. President General Joseph W. Dooley contributed the first square foot and by three-year pledge, the first 30 square feet for a total of $17,760; he is thus Member No. 1 of The 1776 Society. SAR Foundation President Sam Powell is Member No. 2. The 1776 Society membership can begin immediately. The Founders Circle, a legacy society, is formed separately to recognize and thank all who contribute for NSSAR endowment or general-purpose funds by making a bequest to the SAR Foundation in estate plans. The minimum bequest for membership is $10,000, and membership is in perpetuity. A confidential data sheet for this purpose must be returned to SAR Foundation offices for membership to be registered. Special recognition items and events will be developed. Details about this campaign transition are being developed. Cumulative records will be kept, and pledges are expected to be honored. A naming rights table is being created, with any contributions that already exist to be honored. No one here felt the cannon's shudder, And the smoke stinging in his eyes; Or the flash of flintlocks in the mid-day heat, When the man beside him died. His stones are small and age worn smooth, No hint of hardships he endured. For he is one of many who stepped forward, And true to his word he served. For years folks have walked this ground, With not a second thought, Of the simple stones of remembrance, Placed over this man who fought. People passed by to attend to other graves, Laid flowers at their base. But here lies a solitary Patriot, Who we have come now to embrace. With bronze plaques of dedication, Resting between his weathered stones. The musket's smoke is slow to clear, While a bugler stands alone. With the ceremony completed, Those gathered now drift away. The past became the present, For the respect shown this very day. A Continental's Salute Grave Marking Ceremony Photo Contest Winner William D. Wood of the Col. James Wood II Chapter, VASSAR, submitted the winning entry, above, of the Thomas Jefferson Bond Jr. Memorial Photographic Award contest, along with the accompanying poem. The image is from a grave-marking ceremony at St. John's Lutheran Church in Winchester, Va., honoring Patriot Michael White.