Legacy Giving & Endowment
Legacy Giving Society
A well-planned gift communicates your legacy and tells the story of what you hold as most important in your life and community. Planned giving is a way of making a valuable contribution to the museum. By including Gadsden Arts in your estate planning, your gift has a long-lasting impact on the museum and the community we serve. The Gadsden Arts Legacy Society honors individuals who have made a commitment to the future of Gadsden Arts by including the museum in their estate plans.
Legacy Giving Society
Mark and Patsy Bates
Meredith and Robert DeWitt Smith
Margaret and Randolph Thrower*
Elaine Tully Woodward* and Bob Woodward*
Julia Munroe Woodward*
Gadsden Arts is a vitally important community resource – enriching life for everyone and contributing to the cultural and economic vitality of our community. You can help sustain Gadsden Arts in perpetuity through the Gadsden Arts Endowment Trust. The Trust supports Gadsden Arts programs and facility needs. Principal is permanently restricted to ensure longevity, and a conservative 2.5% spending rate promotes fund growth over time.
Contributions of any amount may be made to the endowment, with cumulative giving of $50,000+ recognized through a fund named for you, your family, or a loved one. Contact Grace Robinson today to talk about your contribution to endowment at (850) 627-5020.
Gadsden Arts Endowment Trust Named Funds
Margaret and Randolph Thrower Fund for Collections
Julia Munroe Woodward Endowment Fund
Mary Jane and Pat Woodward Endowment Fund
Planned Giving Options
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 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.
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.
Potential donations of art require special advance planning. Please contact Grace Robinson, Executive Director, for more information about the museum’s Collection Policy.
Contact: Grace Robinson, Executive Director at (850)-627-5020