Dear Friends and Supporters,
Serving Sailors, Marines, and their families – when in need – has been at the heart of the Society’s mission since 1904. As we gather with family and friends throughout this year’s season of giving, America’s Armed Forces stand watch around the globe, many in harm’s way. We honor them with prayers of thanksgiving and humble gratitude.
This has been a challenging year for many Navy and Marine Corps families. Many were impacted by Hurricanes Florence and Michael. Many others faced extended deployments, family separations, and seemingly insurmountable financial challenges related to PCS orders, cross-country relocations, growing families, and unforeseen family emergencies. Because of support from you, the Society has provided them a safety net – a life line. You have made a difference
for thousands of active duty and retired USN and USMC service members, their families, and widows.
The Society also continues to face financial challenges. While operating costs are kept in check with serious cost-containment policies, the ever increasing need for financial assistance for Sailors and Marines continues to be met through withdrawals from our Reserve Fund. We’ve never turned away a Sailor, Marine, or their family who needed our help, and we never will; but your support is urgently needed.
As 2018 draws to a close, we know that many donors considering year-end gifts are concerned about the impact of the new tax laws, the fluctuation of the stock market, and the impact of the political turmoil on the economy. We understand. Next month we will begin a series of free, Tax-wise Giving and Planning webinars to help you. Our first webinar will be offered on 5 December 2018. Please join us by registering here: myimpactwithnmcrs.org/webinar.
If you can’t join us, here are some 2018 tax-savvy options that may work for you:
- Donate shares of appreciated, marketable securities
- Donate the required minimum distribution of your IRA
- Establish a charitable gift annuity with the Society and take advantage of the increased IRS discount rates
Your generosity is transforming lives, enhancing the combat readiness of our Nation’s military, and helping to keep our country safe and strong. As always, thank you for your patriotism, your faithful and generous support for Sailors, Marines, and their families – and your continued trust in NMCRS.
Admiral Steve Abbot, U.S. Navy (Ret.)
President and Chief Executive Officer