Initial funding for the museum and the foundation to cover the purchase and opening of the museum in Carlsbad has been provided by Mr. Joe Martin through his personal income as owner of Sherline Products, Inc. The Joe Martin Foundation is most grateful to those who would like to help cover the day-to-day operating costs of the museum through personal donations. Being a 501(c)(3) non-profit, all donations are tax deductible for the full value of both material and monetary contributions. We are also seeking corporate sponsorship from any organization that would like to associate their name with excellence in craftsmanship. You can also contribute by volunteering in the museum display area or machine shop. See our volunteers page for more information. |
Monetary Donations |
Project Donations After your passing your relatives may not have a full understanding of what it took to create your projects, only considering the cash value at a yard sale, swap meet or on eBay. We suggest you consider donating at least some of the best examples of your work to a museum that can properly display and care for them. Donations can be made while you are still alive or can be made in the form of a bequest. See the section on BEQUESTS below. |
BequestsCreate your own personal legacy by providing support for a worthy cause through a bequest in your will or living trust. Naming the Joe Martin Foundation in your will or trust assures that your respect for and support of the work of the world's great craftsmen continues beyond your life. Bequests offer several benefits for you:
Following is a helpful guide on how to add a bequest to your will or trust: |
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Type of Bequest | When to Use It | How to Say it | |
General Bequest | To give a stated sum of money or a particular item |
I give $15,000 to the Joe Martin Foundation (Tax ID 93-1221845), 3190 Lionshead Avenue, Carlsbad, CA 92010. or I give my 1/3 scale Challenger V8 engine to the Joe Martin Foundation (Tax ID 93-1221845), 3190 Lionshead Avenue, Carlsbad, CA 92010. |
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Percentage of Remainder Bequest | To leave the foundation a percentage of what is left of your estate after taking care of your loved ones | I give to the Joe Martin Foundation (Tax ID 93-1221845), 3190 Lionshead Avenue, Carlsbad, CA 92010, a sum equal to __ percent of the rest, residue and remainder of my estate. | |
Contingent Bequest | To leave a gift to the Joe Martin Foundation only on the condition that a certain event must occur first | I give $25,000 to my wife, Susan, provided she survives me; otherwise, I give it to the Joe Martin Foundation (Tax ID 93-1221845), 3190 Lionshead Avenue, Carlsbad, CA 92010. | |
A note about trustsIt has been our sad experience that in some cases bequests have not been honored by the executors of the trust. People sometimes do unexpected things when substantial amounts of money are involved. Consider giving a copy of your bequest to the entities designated or let the designees know which legal office to contact after your passing. |
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