© 2024 Maine Public
1450 Lisbon St.
Lewiston, ME 04240

Maine Public Membership Department
63 Texas Ave.
Bangor, ME 04401

Portland Office
323 Marginal Way
Portland, ME 04101

Registered 501(c)(3) EIN: 22-3171529
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Retirement Assets

Designating Maine as the beneficiary of a retirement account such as 401k, 403(b), IRA and other retirement accounts causes the charitable gift to be deductible for income tax or estate tax purposes.

Making a gift of a qualified retirement plan asset such as a 401(K), 403(b), IRA, Keogh or pension plan is another way to benefit Maine Public and receive significant tax savings. Retirement plan assets are fully taxable when received by an individual beneficiary.

By naming Maine Public as the beneficiary of a retirement plan, the donor maintains complete control over the assets during his/her lifetime, but at the donor’s death the plan passes to Maine Public free of both estate and income taxes. When creating an estate plan, donors may wish to consider leaving his/her heirs other assets, such as cash and securities, which are not as highly taxed.

For more information about Retirement Assets please contact us:
Scott Marchildon
Vice President & Chief Development Officer
207-330-4510
smarchildon@mainepublic.org

Lindsay Mischel
Director of Leadership Gifts
207-330-4601
lmischel@mainepublic.org

Thomas Wilson
Development Events & Communications Coordinator
207-330-4524
twilson@mainepublic.org