Support our mission.

Whether learning to sail in the Penobscot Bay or fairing a hull in the shop, our programs offer unique and transformative educational opportunities. We engage students with the physical world in meaningful ways that build skill, independence, confidence, and resilience. With centuries of maritime history as precedent for what is possible, students are encouraged to push themselves to new levels of achievement. In the process, beautiful boats and able sailors are built, along with a deeper sense of personal empowerment.

We are so thankful that you share a commitment to this work—we could not do it without you.

TAX DEDUCTIBLE GIFT OF STOCK

Gift of Stock Acceptance Procedure
The Maine Community Foundation will receive stock on behalf of The Atlantic Challenge Foundation, d.b.a. The Appprenticeshop.

Steps to make a gift of stock are: 

1) Follow the banking instructions from MCF here.

2) Please let Liz Sullivan know once the transfer has been initiated. We will let The Maine Community Foundation know to be on the lookout for the transfer.

3) Please email the information below to MCF at securities@mainecf.org and The Apprenticeshop at liz@apprenticeshop.org:

• Stock Name & symbol

• # of shares you will be sending

• Donor name

• Donor address

• Donor email

• Donor phone (please list if home or cell)

IRA CHARITABLE ROLLOVER
The IRA Charitable Rollover is a great tool for qualified individuals to make a lasting impact on The Apprenticeshop – tax free!

Upon reaching retirement, individuals may find that they have saved more than enough. The IRA Charitable Roller is one of the most efficient ways to give back. Passed into permanent law in 2015, the IRA Charitable Rollover allows taxpayers age 70 ½ or older to transfer up to $100,000 annually from their IRA accounts directly to charity – without first having to recognize the distribution as income.

IRA Charitable Rollover limitations:

• The donor must be age 70½ or older.
  The cap on annual IRA rollovers is $100,000.

• The contribution must be a direct gift to a charity (no planned gifts).

• The distribution must be made directly or postmarked to the charity by December 31.

• Donors cannot take tax-deductions from these gifts, as these gifts are not taxed.

To make a gift through an IRA Charitable Rollover, please contact us directly at 207-594-1800.

ESTATE COMMITMENT

Create a vibrant future for The Apprenticeshop with a gift by will or trust. Explore the power of simple, flexible commitment that will help you leave your personal legacy and at the same time help The Apprenticeshop serve future generations. A gift by will or trust – often called a bequest – is established by a will, trust, or other estate plan enacted at the end of your life. Similar giving opportunities include gifts made by beneficiary designation, such as the proceeds from an individual retirement plan or other financial gift.

A gift by will or trust will enable you to:

• Establish a future gift for The Apprenticeshop.

• Retain control of your assets during your lifetime.

• Maintain flexibility in case your plans change.

• Enjoy potential estate tax savings.

Design a gift by will or trust that’s right for you. 
You can make a gift of a specific amount, a particular asset, a percentage of your estate, or a contingency if a potential heir does not survive you. Bequests are fully revocable and can be changed if your plans change. They may also help you reduce or avoid estate taxes. 

To set up a bequest, please consult your financial and legal advisors for information specific to your situation. 

Impact of your bequest
Your gift provides essential resources to sustain and strengthen The Apprenticeshop mission, meet unforeseen challenges, and plan for the future. Unrestricted bequests are vital to The Apprenticeshop because they can be applied to the highest priority need when the gift is received. Best of all, by including The Apprenticeshop in your plans, you can help lead the way and inspire other members of The Apprenticeshop community to follow your lead.

The Apprenticeshop Legacy Society
The Apprenticeshop Legacy Society honors those who have made arrangements for a planned gift to The Apprenticeshop and helps them connect to The ‘Shop with special invitations to events and other opportunities. We hope you will consider adding your name to The Apprenticeshop Legacy Society to help other community members to follow your lead; you may, however, choose to remain anonymous.

We encourage you to consult with your financial and legal advisors to establish a planned gift to The Apprenticeshop.

Please note that our full legal name is the Atlantic Challenge Foundation, Inc. d.b.a. The Apprenticeshop, Employer Identification Number is 22-3132234. We are happy to discuss this option with you. Please contact Isabella Feracci at director@apprenticeshop.org or (207)594-1800.