Legacy Society

Bequests

A bequest is a provision in one’s last will and testament directing a transfer from your estate to a charitable organization. It is one of the simplest and most powerful ways to support the charities you care about for generations to come. 

Sample language for a direct bequest: I give $_____________ (or X% of my estate) to the Gadsden Arts Center & Museum, a nonprofit corporation as described in section 501(c)(3) of the Internal Revenue Code, located at 13 North Madison Street, Quincy, FL 32351, to be used for its tax exempt purposes. 

You can create a wonderful legacy next time you update your will.

Publicly Traded Stock

Shares of appreciated publicly traded securities are an effective way to support Gadsden Arts and avoid taxation on the gain. We can receive stock gifts directly through your brokerage account; you receive a charitable income tax deduction, usually equivalent to fair market value calculated as the average of the high and low stock price on the day the stock is received by Gadsden Arts. We will sell the stock immediately and apply the net proceeds toward our mission. To transfer stock to Gadsden Arts, call (850) 627-5020 for our DTC and broker information.

Life Insurance

Life insurance is a simple way to make a significant gift. Donors designate Gadsden Arts as the owner and beneficiary of the policy using, for example, an existing paid-up life insurance policy, an existing policy on which you are still making payments, or a new policy that you purchase.

Retirement Accounts

Naming Gadsden Arts as a primary or contingent beneficiary on a retirement account is an easy way to make a planned gift to the museum. A simple beneficiary designation form or online designation is usually all it takes to include the museum in your estate plans.

Artwork

Potential donations of artwork require special advance planning. Please contact Grace Robinson, Executive Director, or Angie Barry, Curator, for more information about the museum’s Collection Policy.