The Taussig family's gifts are made in memory of the late Captain Joseph K. Taussig Jr., who served as head of the Naval Institute in the early 1950s. The highly decorated Pearl Harbor survivor was legendary for his dedication to service men and women and as a tireless advocate for safety at sea.
For more information about this project or to make a tax-deductible gift to help underwrite memberships for midshipmen and other officer candidates, please contact Matt Schatzle at (410) 295-1057 or at [email protected] .
Help Us Complete Frank Kelso's Oral History
Work continues on Admiral Frank B. Kelso II's oral history project as contributed funds allow. Several years ago, the former Chief of Naval Operations recounted his life story during 16 interviews conducted by historian Paul Stillwell for the Naval Institute. Donations are needed to underwrite the substantial costs of footnoting, proofreading, indexing, and binding the extensive transcript.
Tax-deductible contributions of all amounts by check or credit card are appreciated, and can be mailed to the Naval Institute Foundation, 291 Wood Road, Annapolis, MD 21402. Those who donate $1,000 or more to the Kelso project will be recognized in the bound volume. If you can help, please contact Sue Sweeney at (410) 295-1054 or at [email protected] .
Take Tax Benefits Early and Often
Now is a perfect time to start a checklist documenting any 2007 activity with tax consequences, so you get full credit for all charitable transactions. Tax advisors say a common pitfall is failure to follow IRS rules for substantiating gifts, resulting in a missed opportunity to claim a contribution.
Here are some points to keep in mind:
Keep receipts, cancelled checks, and credit card statements as proof of any cash gifts. In addition, if your gift is $250 or more you must have a dated receipt from the organization stating the amount of your gift and whether you received anything of value in return for it. (The Naval Institute Foundation provides written acknowledgment of all gifts, regardless of size.)
Please keep the Naval Institute in mind for your charitable giving. Your tax-deductible gifts strengthen our organization now. By including the Institute in your estate planning, you help keep the Institute viable in the future.
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