You can designate the museum as a beneficiary through a life insurance policy or retirement plan. If you are at least 70 ½ years of age, you can transfer up to $100,000 from your IRA account to the museum. If the transfer is made directly to the museum, the withdrawal is not taxable as income.

The museum can be named as a beneficiary through a will or an amendment to a will. A bequest to the museum may take the form of a specific dollar amount, a property asset, or a percentage of your estate. Please view the Recommended Language for Naming a Beneficiary document for more information.

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.

The museum can be the recipient of other types of gifts, such as real estate or gifts of stock or securities. If you designate the museum to receive real estate, please state in your will that the property is to be sold through your estate and the museum is to receive the proceeds from its sale. Please contact us to discuss gifts of stock or securities.