Planned gifts benefit the Gallery and provide the donor with an opportunity to create a lasting legacy for future generations while maximizing the tax benefits of a donation. Donors who make planned gifts by including the Gallery in their estate plans are eligible for membership in The Legacy Circle, which provides a variety of benefits.
A bequest is one of the simplest ways to provide for the future of the National Gallery of Art. Many donors have found it possible to make significant gifts of cash, works of art, or other property through their wills. A bequest to the Gallery is deductible against estate and inheritance taxes. Advance planning can minimize these taxes and preserve more of the estate.
These gifts are life income arrangements, including charitable gift annuities and charitable remainder trusts, that provide donors with regular fixed payments annually for life in exchange for transferring assets to the National Gallery of Art.
Retirement and Pension Plans
Charitable Remainder Trust
This agreement between a donor and a trustee can provide fixed or variable income to meet specific financial needs of an interim beneficiary. When this trust terminates, trust assets are passed to the National Gallery of Art.
Charitable Lead Trusts
A charitable lead trust is the reverse of a charitable remainder trust: the gift to the National Gallery is the income stream from the trust, and the donor or their beneficiaries receive the remainder.
Gifts of Real Estate
A gift of real estate can be an attractive way to support the National Gallery of Art and to realize tax and income benefits at the same time, and it can also be a valuable asset when used to fund either a charitable remainder trust or a charitable lead trust.
Information for Advisers
Investment advisers help many individuals consider, among other things, charitable estate or tax planning strategies that can help meet their financial needs as well as their philanthropic goals. By sharing information about the National Gallery of Art’s planned giving program with clients who might have a potential interest, advisers play a vital role in matching their clients with the National Gallery of Art.
Investment advisers are welcome to contact the National Gallery’s planned giving office at (202) 842-6372 for material and information to share with their clients.
For more information about how to make a planned gift, please view our digital brochure, Gifts for the Future (PDF 2.8MB).