Planned Giving
The Planned Giving Program provides an opportunity for friends of the Museum to play a part in building a strong endowment and a secure future. Planned gifts often provide financial benefits to donors as well. In fact, such gift mechanisms often allow a donor to be far more generous since a donor may benefit from tax savings, current cash payments, and supplemental support for family and friends.
Most gifts to the Museum are in the form of cash or appreciated stock. For individuals who itemize, these gifts offer immediate opportunities for income tax deductions. When appreciated securities are used to fund a gift, capital gains tax on the appreciation is often eliminated. The donor receives a charitable deduction according to IRS regulations based on fair market value.
Life-income contributions return income to the donor or beneficiary and allow for favorable tax considerations to the donor, the donor's spouse or other designated beneficiary. Life-income agreements also provide partial income tax deduction and investment diversification. Because of today's historic low interest rates, a Charitable Gift Annuity is one of the best investment deals around! It can pay you high interest rates, give you a current tax deduction, provide you with tax advantaged payments for life, and benefit the Museum - all at the same time! See below how to contact us for details.
All gifts may be designated as the donor prefers, or allocation can be left to the discretion of the Museum. Unrestricted gifts are always appreciated because they allow the Museum to apply these funds where the need is greatest.
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