“As a trustee and longtime NMWA supporter, I have always kept my eyes and ears open for new ways to give to my favorite nonprofit. Charitable annuities are a simple and convenient way to make a gift to the museum that pays the donor a good return on capital.”—The Honorable Mary V. Mochary
Planned gifts from committed friends enable the National Museum of Women in the Arts to organize trailblazing exhibitions, plan dynamic outreach and education programs, and advocate for women in the arts well into the future.
The Legacy Society
The Legacy Society recognizes and honors those that make planned gifts to the museum. Legacy Society members will be recognized in our annual report, the museum’s magazine and other print and digital communications, and will receive special invitations to functions hosted by the NMWA Board and staff. There are many ways to make a planned gift:
NMWA can be designated as a beneficiary through a life insurance policy or retirement plan. If you are at least 70 ½ years of age, you may make a transfer from your IRA to NMWA today, to count as a part of the required minimum IRA distribution for 2018.
NMWA can be named as a beneficiary through a will or an amendment to a will. You may bequest a specific amount of money, a percentage of the remaining estate, or name the museum as a contingent beneficiary in case a loved one predeceases you. Please view the Recommended Language for Naming a Beneficiary [pdf].
Charitable Gift Annuity
A Charitable Gift Annuity (CGA) allows donors to transfer assets (stocks, bonds, certificates of deposit, or cash donations) in exchange for guaranteed income for life. Donating through a gift annuity allows you to:
- Receive an immediate tax deduction for part of your gift
- Realize additional tax savings, because a portion of each of your guaranteed payments is considered a nontaxable return on your investment
By accompanying your planned gift with a contribution today, blended gifts can provide near term and future benefits for the museum, while also helping to ensure long-term financial security for you and your loved ones.
Other Planned Gifts
NMWA can be the recipient of other types of gifts, such as real estate. If you designate NMWA to receive real estate, please state in your will that the property is to be sold through your estate and NMWA is to receive the proceeds from its sale.
How to Join the Legacy Society
To make a planned gift and join the Legacy Society:
- Inform the museum of your intentions by calling 202-266-2813 or emailing firstname.lastname@example.org
- Complete and return the confidential Planned Giving Intent form [pdf]
If you have questions about including NMWA in your estate plans, contact Alexa Kaye at 202-266-2813 or email@example.com.
NMWA recommends that you consult your tax advisor or legal professional for complete details about including NMWA in your estate plans or creating a life income plan as they apply to your personal circumstances.