Legacy Giving
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Support future artists. Create a lasting legacy.
Planned giving allows you to create a legacy of transformative artistic experiences for future generations. Your planned gift to Gage will help sustain the programs you cherish, allowing us to continue nurturing creativity and artistic expression long after your lifetime.
If you have already made planned a gift to Gage, share this news by emailing us at dixit.s@gageacademy.org, and fill out the Letter of Intent.
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Art by Aileen Monahan
Gage's Legacy Circle
We would be honored to recognize you as a member of Gage’s Legacy Circle. Members will receive invitations to special events and programs, and recognition in our Annual Report, unless they prefer to remain anonymous.
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Types of planned gifts include...
- Wills and Bequests
The most common way to make a planned gift is through a will or bequest. By naming Gage Academy of Art in your will and making a bequest, you can significantly reduce the tax burden of your estate. - Charitable Remainder Trusts
Charitable remainder trusts allow financial and estate-planning flexibility. They are similar to other types of trusts, except that Gage Academy of Art receives the remainder interest. You entrust the property, specifying how trust income and the remainder interest will be distributed. A trust created during life takes advantage of income, capital gains, and estate-tax savings. A trust effective at the end of the donor’s life is especially useful for accepting retirement-fund assets. - Retirement Plans
Retirement plans are often subject to both income and estate taxes upon the death of a participant. By naming Gage Academy of Art as a beneficiary of the balance of qualified retirement plans, your estate can achieve substantial tax savings.
- Life Insurance
By naming Gage Academy of Art as a primary or secondary beneficiary of a life insurance policy, your estate will be allowed an estate-tax charitable deduction.
Questions? Contact Director of Advancement Sudeshna Dixit at dixit.s@gageacademy.org