Please note that the fair market value per person is $125; the remainder of your donation may be tax-deductible.
*If you cannot attend and notify us that you will be forfeiting your tickets, your contribution will be fully tax deductible.
**If you have questions about paying by IRA or DAF, please contact your financial advisor for applicable tax restrictions.
Donor-Advised Fund/IRA Charitable Distributions
Donor-Advised Funds (DAF) and Individual Retirement Accounts (IRA) are a great way to provide support for the honorary committee, however these grants cannot cover the cost of any goods or services. The fair market value (FMV) of a ticket to the event has been calculated at $125, and the following chart reflects this out-of-pocket cost for tickets at a given level of support. Please plan to cover this FMV cost from a separate account if you are paying with either a DAF or IRA account.
CHAIR • $8,000 DAF/IRA: $6,750 FMV: $1,250
BENEFACTOR • $4,000 DAF/IRA: $3,250 FMV: $750
LEADER • $2,500 DAF/IRA: $2,000 FMV: $500
SUPPORTER • $1,250 DAF/IRA: $1,000 FMV: $250
FRIEND • $750 DAF/IRA: $500 FMV: $250
The Lake George Land Conservancy (LGLC) is a charitable organization described in section 501(c)(3) of the Internal Revenue Code. Contributions made to the LGLC are tax-deductible to the full extent of the law. To view the LGLC’s most recent financial documents, including audited financial statements and IRS Forms 990, see our Financials page. New York State’s CHAR annual report can also be obtained by writing to the Office of the Attorney General, Charities Bureau, 120 Broadway, New York, NY 10271.