Ways to support the American Folk Festival
Each year, it takes more than $900,000 to present the three days of music, food, crafts, performances, demonstrations and more that make up the Festival. (For a list of current supporters click here.) In order to bring this three-day festival to Bangor's Waterfront, and to keep it admission free, we need your help. There are many ways you can keep the American Folk Festival in Bangor.
The American Folk Festival relies on donations from Individuals families, businesses and community organizations. Whether you contribute $25, $100, or $500, your support is key to ensuring that the AFF remains a vital part of Bangor’s summer calendar each year. To make a donation online, click here, or call 262-7764.
Sponsorships with the American Folk Festival deliver the greatest marketing impact possible, aligning sponsoring brands with the American Folk Festival leading up to, and during the Festival. In addition to reaching over a hundred thousand festival-goers on site during the Festival, corporate sponsors will also enjoy networking opportunities with other business leaders, potential clients, and policy makers before and during each of the Festival’s three days.
Being affiliated with the American Folk Festival will give your business the opportunity to strengthen your brand while also enhancing your corporate image within the community. Consider becoming a sponsor today to begin branding your business to the loyal and diverse audiences of the AFF.
The AFF offers a variety of sponsorship packages that can meet your business needs. For more information on how to support the community and market your business over 100,000 times, please contact us at 262-7764.
The Producers’ Circle is a dedicated group of donors whose $1,000 annual donation is crucial to ensuring the Festival’s success.
Joining the Producers’ Circle entitles you to exclusive benefits and the knowledge that you’re helping to ensure the sustainability of the AFF.
As a member of the Producer’s Circle, you will receive:
¨ “Producers’ Circle Member” Festival Pass
¨ AFF Hospitality Tent Access
¨ AFF Thursday Kickoff Party Tickets
¨ Sponsor listing on all appropriate AFF Marketing Materials
When you join the Producers’ Circle with your gift of $1,000 (or just $83.33 a month), you’ll attend the Festival as part of an elite giving team, knowing that your support is making the Festival possible for thousands of our neighbors.
Find out more information about the Producers’ Circle by calling 262-7764.
The American Folk Festival welcomes your donation of appreciated stocks. Simply speak with your broker and advise them that the American Folk Festival is set up to accept these contributions through our account at RBC Wealth Management. For more information contact 262-7764.
The American Folk Festival accepts your returnable bottles and cans through Clynk donations. All you need to do is contact the office at 207-262-7765 and we will supply you with the bags to collect your bottles and cans in. Once the bag is full, bring it to a Hannaford location, scan the barcode and leave the bag in the designated spot. Yes, it is that easy!
Bequests and Planned Giving
Bequests are a gift to The American Folk Festival in your will, or revocable trust, proclaims your confidence that we will continue to pursue our mission and make a difference for future generations. A bequest is easy to arrange, does not affect your assets or cash flow during your lifetime, and is revocable.
A bequest can deliver a specific dollar amount, or a percentage of the balance remaining in your estate after taxes and specific bequests have been paid. Your bequest or trust distribution to us will reduce the taxable value of your estate for federal estate tax purposes, and is exempt from state inheritance taxes.
Bequests are an easy, low cost way of supporting The American Folk Festival's mission. Almost any kind of asset may be bequeathed, including cash, securities, tangible personal property, real estate; or a portion or remainder of an IRA, tax sheltered annuity, qualified pension or profit sharing plan.
We urge consultation with an attorney to better understand bequest options, whether creating a new will or amending an existing one. A charitable bequest reduces the value of an estate and therefore reduces both federal and state estate taxes. An attorney can best advise about applicable federal and state laws.
How Planned Gifts Support AFF's Mission
Unrestricted: Permits the Board of Directors to allocate the gift to meet AFF's greatest needs.
Restricted: Directs the gift to support a specified purpose or project such as showcasing a specific cultural or regional tradition, children's activities, or other AFF initiatives.
The majority of planned gifts are added to the organization's endowment, making them a permanent asset for AFF. At the direction of the Board of Directors, a specified portion of the total investment return for all endowed assets is spent each year in accord with the terms of the gifts. When contemplating a designated planned gift, we suggest that the donor consult with an adviser and a member of AFF's Development staff for suggestions and advice for your consideration. Please contact Robin Merchant, Development Coordinator, at (207)262-7764. All conversations are strictly confidential.
Samples of Bequest Language
"I give (_ dollars) (or a specific asset) or (_) percent of the rest, residue and remainder of my estate to The American Folk Festival on the Bangor Waterfront, the charitable, tax exempt organization located in Bangor, Maine, for it's general purposes".
Bequest for Specific Purposes:
"I give (_ dollars) (or a specific asset) or (_) percent of the rest, residue and remainder of my estate to The American Folk Festival on the Bangor Waterfront, the charitable, tax exempt organization located in Bangor, Maine, to be used for the following purposes (state the purpose): ___".
Note: if you wish to restrict your bequest for a specific purpose, please contact the Development Office, at (207)262-7764, in advance to make sure that the language will accomplish your wish and align with AFF's needs.
For more information, contact your estate planning professional.
The Festival needs over 800 volunteers every year in all of our 15+ volunteer areas. To find out more information about our volunteer program click here.