Photo Courtesy of Jim Brasser
Main Purpose and Mission
The Thousand Island Park Foundation was formed to support cultural and educational programs in Thousand Island Park and to enhance and revitalize the historic infrastructure of the Park. The Foundation (a non-profit organization) is responsible for raising and growing charitable giving to support this mission.
Thousand Island Park has over a century of rich history, tradition and culture that has emphasized education, intellectual development , recreation and spirituality that, along with the magnificence of the St. Lawrence River and the Thousand Islands, has made it a unique and exciting place to visit, vacation and/or live.
The Foundation strives to enrich the quality of life for all who enjoy the Park, to foster traditional values and nurture relationships through opportunities and advancement of literary, scientific, spiritual, intellectual, cultural, educational and physical activities while preserving the Park’s heritage.
The Thousand Island Park Foundation will work to sustain the historic Thousand Island Park community by revitalizing and renovating its historic infrastructure. The Foundation has the express purpose of receiving and holding property to support cultural, historical and educational activities while preserving the history and heritage of Thousand Island Park. All historic preservation work conducted by the Foundation will be done solely within Thousand Island Park as the entire Park is listed on the National Register of Historical Places as the “Thousand Island Park Historic District.”
Donate to The Foundation
The founders of Thousand Island Park held great dreams for the community when established in 1875. Current residents of Thousand Island Park understand how supporting the Foundation will help achieve that mission and vision for today’s community. Your commitment will enrich the Thousand Island Park experience for both current and future generations.
The TI Park Office Staff is here to help answer any foundation related questions you may have. Please feel free to call us at 315.482.2576. We greatly appreciate your patronage.
Gifts of Other Assets
Individual Retirement Account Qualified Charitable Distribution (QCD)
Individuals who are 70½ are permitted to donate up to $100,000 from an Individual Retirement Account (IRA) directly to charity. The funds contributed are excluded from gross income and can satisfy a required minimum distribution.
Communicate with your IRA's custodian (where your IRA is held) that you are interested in making a QCD. Make the request for a QCD in writing. Specify the dollar amount that you wish to contribute. Request the check (or transfer) be made payable to the Thousand Island Park Foundation, Inc.
Note: Funds must be transferred directly from the IRA to the Foundation by the IRA trustee in order to qualify for the tax break. If you withdraw the money from your IRA and later donate it, it won't qualify as a tax-free qualified charitable distribution.
Publicly Traded Securities
The Thousand Island Park Foundation will gladly accept gifts of marketable shares of publicly traded stock at fair market values as determined under Internal Revenue Service rules.
Your broker may electronically transfer a gift of marketable shares of a stock directly to our account at Merrill Lynch as follows:
- DTC # 8862 for further credit to Thousand Island Park Foundation, Inc. Account # 5ZM-02xxx
- Merrill Lynch, 1221 Pittsford Victor Road, Pittsford, NY 14534
- Contact at the Thousand Island Park Foundation, Inc.
MemRee Byers, Office Mgr. (315)-482-2576
Edward F. Adams, Treasurer (585) 355-1648
- Contact at Merrill Lynch, Amy Mckay (585) 383-5714
Please note, it is important that you or your broker alert the Thousand Island Park Foundation, Inc. via phone at (315) 482-2576 or by email to notify us that the gift is being transferred to our account as the stock will arrive without identification. Please include a mailing address for where we can send a tax receipt for the gift.
Once your stock is processed, a tax receipt will be mailed out to you stating the name of the stock, the number of shares received and the date the shares were received by the Thousand Island Park Foundation, Inc. Your tax advisor should determine the value of your stock gift.
The Thousand Island Park Foundation, Inc FEIN is 46-2819724 and is a publicly supported tax-exempt charitable organization described in IRC Sec. 501(c)(3).