A gift of stock is a great way to support the Chesapeake Bay Maritime Museum. If you have stock that has appreciated greatly in value, you may consider giving securities as a year-end gift to CBMM. Giving long-term appreciated stock offers you a two-fold tax saving.

First, you avoid paying capital gains tax on the increased value of your stock.

Second, you receive a tax deduction for the full fair market value of the stock on the date of your gift to CBMM. For income tax purposes the value of a gift of stock may be deducted up to 30% of your adjusted gross income with a additional five-year carry forward of any balance.

Making a gift of stock to the Chesapeake Bay Maritime Museum is easy. Just inform your broker of your intention to make a gift, have him or her give CBMM a call, and our team handles the rest! For more information, please call 410-745-2916.

Click here for instructions on donating publicly traded securities

Making a charitable donation from your Individual Retirement Account (IRA) is easy!

Some important details to know:

1. The IRA charitable rollover for tax year 2019 allows individuals 70-½ and older to donate up to $100,000 in IRA assets to a qualified charitable organization. The rollover is tax-free and not included in a donor’s adjusted gross income.
2. A gift to a charitable organization from an individual’s IRA can count toward the annual Required Minimum Distribution (RMD) by the IRS.
3. Transfers must be made directly from your IRAs custodian to CBMM.
4. Transfers must be completed by 12/31 in order to qualify as that tax year’s gift.

If you have a required minimum distribution that you have not yet taken, please consider making a direct IRA rollover gift to the Chesapeake Bay Maritime Museum. You may obtain instructions by contacting Liz LaCorte at 410-745-4956 or llacorte@cbmm.org.

Please consult with your financial adviser for more details.

The Chesapeake Bay Maritime Museum is honored to receive memorial gifts for both members and non-members. CBMM accepts memorial gifts in the form of checks, credit cards, or gifts of stock. When making your memorial gift, please note the name of the individual you wish to honor and make your gift payable to:

Chesapeake Bay Maritime Museum, 213 N. Talbot Street St. Michaels, Md. 21663

For more information, please call 410-745-2916.

Become a member of the Guiding Stars Society today! Your recurring gift (monthly or quarterly with no minimum requirement) to CBMM will help sustain and grow our commitment to exploring and preserving the history, environment, and culture of the entire Chesapeake Bay region, and making this resource accessible to all. See the impact your gift can make!

Joining the Guiding Stars Society is a simple way for you to play a major role in providing regular support to everything from hands-on education and boatbuilding programs to restoration projects, our interactive exhibitions and collection, and seasonal festivals that celebrate the way of life on the Bay.

Make your online donation here and be sure to check one of the options next to “Frequency.” Donors can manage or opt out of auto-renewal gifts at any time by contacting the Advancement Office at kblaha@cbmm.org or 410-745-4950.

Making a planned gift is a wonderful way to show your support and appreciation for the Chesapeake Bay Maritime Museum and its mission while accommodating your own personal, financial, estate-planning, and philanthropic goals. Learn more about Planned Giving and how to join CBMM’s Lighthouse Legacy Society.

We hope you’ll tell us when you have named CBMM in your will. We would very much like the opportunity to thank you for your generosity. If you prefer to remain anonymous, your gift will be kept completely confidential. Recognition of your gift can encourage others to do the same. Whatever the case, we greatly appreciate your support and will honor your wishes. If you have any questions contact Liz LaCorte at 410-745-4956 or e-mail llacorte@cbmm.org.

When you make a gift to the endowment, you are making a gift with a future! Your endowment gifts guarantee that financial support will remain readily available for the future needs of CBMM.

Gifts to CBMM’s endowment are permanently invested to supply a steady, annual source of funds for the purposes agreed upon by the donor and CBMM. A new named endowment may be established for a minimum contribution of $25,000. Gifts of any size may be added to an existing endowment fund.

Education & Curatorial Endowments

• The Boatbuilding Apprentice Fund
• The Norman H. and Ellen K. Plummer Howard I. Chapelle Memorial Library Endowment
• The Collection Acquisition Endowment
• The Curatorial Endowment
• The J. Douglas Darby Memorial Education Endowment
• The J. Douglas Darby Library Endowment
• The Davenport Family Foundation Endowment
• The Education Endowment
• The Fichtner Community Sailing Endowment
• The Maintenance for Floating Exhibits Endowment
• The Jean McIntosh & William Carveth Heyn Endowment Fund
• The George F. Johnson Endowment
• The Program Endowment for the Kerr Center for Chesapeake Studies
• The Kimberly-Clark Endowment, in Memory of Robert J. Kimberly
• The Lenfest Foundation Lecture Series Endowment
• The Lighthouse Endowment
• The James Michener Intern Endowment
• The Phillip E. Nuttle Waterfowl Endowment
• The David & Susan Pyles Community Sailing Endowment
• The Sailing Club of the Chesapeake Sail Training Endowment
• The Chesapeake Bay Log Canoe Trophy Endowment
• The C.V. Starr Scholarship Endowment
• The Barbara Stewart Museum Store Endowment
• The Dr. Charles H. Thornton Education Program Endowment Fund
• The Trumpy Yacht Endowment
• The Ernest and Jane Tucker Apprentice Endowment
• The George Harry Wagner Memorial Scholarship Endowment
• The Webster Endowment
• The Ralph H. Wiley Education Endowment

Operating Endowments

• The J. Howard Adkins Memorial Endowment Fund
• The David B. Baker, Jr. Memorial Endowment
• The Bedford Family Fund Operating Endowment
• The Bruce Ford Brown Memorial Operating Endowment
• The Buildings & Grounds Endowment
• The Edward B. Freeman Memorial Operating Endowment
• The Constance Stuart Larrabee Endowment
• The Dundas Leavitt Memorial Operating Endowment
• The Peter Max Operating Endowment
• The Memorial Operating Endowment
• The Fred and Nancy Meendsen Endowment
• The Members Operating Endowment
• The John B. Mencke Memorial Endowment
• The Sumner and Frances Parker Endowment
• The J. Thomas and Eleanor Requard Operating Endowment
• The J.W. Sener, Jr. Endowment
• The W. Mason Shehan Memorial Endowment Fund
• The Ralph Simmons Operating Endowment
• The Linda & Hank Spire Operating Endowment
• The John R. Valliant Log Canoe Fund
• The Vane Brothers Company Endowment

A significant portion of CBMM’s collection has been acquired over more than fifty years through generous donations from our community of supporters. All donations are considered and approved quarterly by the Curatorial Committee, based on whether the offered object or materials fall under the scope of CBMM’s Collections Policy.  

CBMM evaluates offers of artifacts, and library and archival materials connected to the maritime history and culture of the Chesapeake tidewater region based on criteria including the item’s known history, condition, duplication in our collection, exhibition potential and its cost to acquire, preserve and maintain.  

To ensure security and proper legal transfer, drop-offs and unscheduled donations are not accepted. To offer an item for donation, e-mail the Curatorial staff at collections@cbmm.org and provide your contact information, description and history of the item, and reference photographs. 

Donating your boat to CBMM is simple and straightforward. The Charity Boat Donation Program accepts and resells gently used boats year-round from people just like you. Our experienced staff handles all the paperwork and provides you with appropriate tax deduction forms. We can even pick up your boat for free!

Get started!