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Giving
Opportunities to Support Our Mission:
We encourage charitable gifts to the Pratt Northam Foundation as an opportunity to support and further our charitable mission. As a private not-for-profit foundation, we traditionally utilize the income from our investment portfolio to fund community based projects and needs consistent with our mission. Charitable gifts provide opportunities for supporters of our mission to assist us in a meaningful way, while at the same time potentially receiving significant tax benefits. (Note: Please see disclosure statement at: [provide link]).
Giving Opportunities available at the Pratt Northam Foundation include:
• Outright Gifts of cash, securities, or real or personal property
• Planned Giving such as:
o Bequests or other Estate Planning Opportunities
o Life Income Gifts (Annuities, Trusts etc.)
o Life Insurance
We would be more than happy to sit down and discuss these and other possibilities with you at your convenience. We thank you for your consideration and support of our charitable causes which benefit our local community.
Charitable Solicitation Disclosure Statement:
The Pratt-Northam Foundation (the “Foundation”) is a New York not-for-profit corporation with its primary address located at P.O. Box 104, Lowville, NY 13367. The Foundation’s main telephone number is (315) 804-0312. A copy of the Foundation’s latest annual report may be obtained, upon request, from the Foundation by writing to the address set forth above or by email at: prattnortham@gmail.com, or from the New York State Attorney General’s Charities Bureau, located at 120 Broadway, 3rd Floor, New York, NY 10271 and online at: https://www.charitiesnys.com/RegistrySearch/search_charities.jsp. The Foundation is exempt from federal income tax under 26 U.S.C. Section 501(c)(3), is classified as a private foundation and is a non-profit organization eligible to receive tax-deductible donations. Each donation to the Foundation is tax-deductible to the extent allowed under applicable law, and represents a contribution to its general mission, which is to benefit the communities in its area by providing financial support to not-for-profit organizations.
As a private foundation, charitable deductions related to donations to the Foundation are subject to certain limitations which do not apply to public charities. All potential donors to the Foundation are advised to consult with their tax professional regarding the application of rules specific to private foundations to their potential contribution to the Foundation.