Planned Giving

What is Planned Giving?

The term “Planned Giving” encompasses a number of ways in which you can leave your legacy. The Utica Zoo wants you to understand and be comfortable with the decisions you make concerning the future. Your gift can take multiple forms and can help you address a variety of personal financial goals. We are ready to work with you and your advisers to craft the gift plan that best satisfies you.

Your Options

Bequests: When you leave a bequest to the Utica Zoo though your will or living trust, you can make a generous gift without reducing your current income. Through your bequest you can specify the program or project you wish your gift to benefit. You can also create special funds in your name or in memory of loves ones. Charitable bequests  are normally deductible in full for state tax purposes.

Life Insurance: If you have a life insurance policy that you no longer need, a gift of the insurance policy can be a way to combine charitable objectives with tax advantages for you. Life insurance proceeds would be paid to the beneficiary designated by the policy owner. You can choose a set dollar amount, a percentage or all the proceeds as the amount paid to the beneficiary ( Utica Zoo). You can also make a gift of a life insurance policy with a cash value by transferring ownership of the policy to the Utica Zoo.

Securities, Stocks & Bonds: Gifts of appreciated securities or stock can be the most advantageous was of giving. If your gift of stock is one you have owned for more than one year, you may deduct full fair market value of the stock as a charitable contribution, while bypassing all capital gains taxes.

Income-Producing Gifts-

Charitable Remainder Trusts: A charitable remainder trust makes periodic payments to one to eight persons for life or for a term of up to 20 years. Upon termination of the trust, the remaining assets are used for the charitable purpose you have specified. Two types of trusts are:

  • Unitrust: Income Adjusted annually is a fixed percentage of the fair market value of the trust, allowing you to participate in market gains.
  • Annuity Trust: Income payments are fixed and determined when the gift is made.

The benefits of charitable remainder trusts include income tax savings, if established during your lifetime, partial or complete bypass of capital gains taxes and cash flow to yourself.

Charitable Gift Annuities: A charitable gift annuity allows you to establish a gift with as little as $10,000 using cash, securities or, in some cases, property. In exchange for your gift, the Utica Zoo will pay a specified amount to two or more beneficiaries for life. All annuitants must be at least 55 years old when payments begin.

For more information on how you can leave a legacy to the Utica Zoo, please contact Andria Heath at (315)738-0472 Ext. 41

 

 

Hours and Admisson

April 1 to October 31: Open 10AM until 4:45 PM
November 1 to March 31: Open 10AM, admission/gift shop closes at 3PM & Zoo gates close at 4PM

Admission 4/1- 10/31 11/1- 3/31 & Group
Child 3-12 $4.75 $2.50
Adult 13-61 $7.75 $4.25
Senior 62+, Military, College w/ ID $6.75 $3.50

Zoo Blog

Upcoming Events

Oct
8
Wed
10:30 AM Homeschool Program – Up All Night
Homeschool Program – Up All Night
Oct 8 @ 10:30 AM – 11:30 AM
Homeschool Program - Up All Night
Is your child a budding zoologist? Our interactive classes help to further homeschool studies through group activities and animal interactions. Read More
6:00 PM Utica Comets Season Ticket Pick-...
Utica Comets Season Ticket Pick-...
Oct 8 @ 6:00 PM – 8:00 PM
Utica Comets Season Ticket Pick-Up Party
The Utica Comets will be hosting an exclusive event for 2014-15 season-ticket holders at the Utica Zoo on Wednesday, Oct. Read More
Oct
9
Thu
10:30 AM Stroller Safari – Whos New in th...
Stroller Safari – Whos New in th...
Oct 9 @ 10:30 AM – 11:30 AM
Stroller Safari - Whos New in the Children's Zoo?
Load up your stroller and join the newest zoo adventure for your toddler or infant! Each safari includes an interactive Read More
Oct
17
Fri
6:00 PM 27th Annual Spooktacular @ Utica Zoo
27th Annual Spooktacular @ Utica Zoo
Oct 17 @ 6:00 PM – Oct 17 @ 9:00 PM
Join the Utica Zoo as it hosts the 27th annual Spooktacular event from Friday, October 17th through Sunday the 19th. Read More

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