Planned Giving

Plan Your Legacy

Friends of the Columbus Museum who wish to help shape the Museum’s future have chosen a planned gift to extend their loyal support past their lifetime, while realizing substantial benefits for themselves. As a Museum donor, your planned gift can achieve personal goals, enhance your financial security, and help to sustain the Museum for generations to come. Planned giving is a way of including charitable giving in your total financial and estate plans. Aside from the financial benefits you might receive through planned giving there are many other benefits. You can help to maintain the quality of the Columbus Museum by sustaining the exhibitions, educational programming, and keeping the Museum accessible to our entire community.

Shorter Society

The Edward S. Shorter Society recognizes friends of the Columbus Museum who have made bequests in their wills or other planned gifts in support of the continuing financial success of this institution. The Society is named for Edward Swift Shorter, one of the original founders of the Columbus Museum and its first director. His generous bequest gift to the Museum is responsible for much of this institution’s financial stability during its first 50 years of existence.

Bequests

One of the easiest and most popular ways to make a planned gift is to include the Columbus Museum in your will or revocable living trust. If you already have a will, it is not necessary to rewrite your entire will to make a bequest to the Museum.

Charitable Gift Annuities

A Charitable Gift Annuity provides you with regular fixed payments annually (an annuity) for life in exchange for transferring assets to the Museum.

Charitable Remainder Trusts

An agreement between you and a trustee that can provide fixed or variable income to meet your specific financial needs, at the termination of which the remaining assets are passed to the Museum

Gifts of Plans and Policies

IRAs and qualified retirement plans like 401(k)s are some of the best assets to leave to charity. You may also designate the Museum as owner and/or beneficiary of a life insurance policy.

Gifts of Real Estate

The gift of your primary residence or a vacation home is a unique and meaningful way to support the Museum.

Charitable Lead Trusts

A Charitable Lead Trust enables you to preserve a portion of your estate and pass assets tax-free to your heirs.

Gifts of Stock

Gifts of appreciated securities (stocks, bonds, or mutual funds held for more than one year) are excellent ways to support the Columbus Museum. Such gifts are easy to make and may provide a greater tax benefit than an equivalent gift in cash. A gift of stock owned for more than one year entitles you to an income tax charitable deduction for the full fair market value of the donated asset. If the stock has appreciated, you also avoid any capital gains tax on the appreciation.

For more information, please contact the Development Director at 706.748.2562, ext.541 or coverton@columbusmuseum.com.

The purpose of this web page is to provide information of a general character only. The Columbus Museum is not engaged in rendering legal or tax advisory service. Advice from legal and tax counsel should be sought when considering these types of gifts.

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