Planned Giving
Victory Gardens Theater was founded and is sustained by a unique mix of earned revenue and contributions from its patrons, and VG could not exist without the generosity of its donors. Whether through Individual Giving or participation in one of our annual fundraising events, the support from our donors is essential to the mission of Victory Gardens Theater: developing new work for the American stage.
Legacy gifts can go even further to ensure the steadfast pursuit of this mission. And a legacy gift is easier to make than you might think. If you have a will or estate plan, please consider including Victory Gardens Theater as a beneficiary. There are a variety of easy vehicles for making a legacy gift, including:
- Bequests
A bequest is a gift through a will. Affordable for everyone no matter what the size of the estate, this gift option can save estate taxes for your heirs. It can be easily accomplished through either a new will or by adding a codicil, an addition which changes or adds provisions to an existing will.
- Charitable Remainder Trusts
A charitable remainder trust is an individually managed trust that pays the beneficiary (ies) an income for life. It can be funded with cash, appreciated securities or real estate, providing significant current tax benefits as well as reducing probate and estate costs for your heirs.
- Life Insurance
An existing policy or a new policy can be a convenient vehicle for providing a meaningful gift. Insurance can also be used to replace assets that have been earmarked for a charitable gift.
- Gifts of Appreciated Securities
Gifts of appreciated securities by-pass the capital gains tax and provide a current year income tax deduction which the donor can carry forward for five years.
- Individual Retirement Accounts
Recent legislation has provided additional incentives for gifting IRAs. Current regulations allow the transfer of certain IRA assets to Victory Gardens Theater.
If you have already included Victory Gardens Theater as a beneficiary of a legacy gift, please let us know so that we may recognize your thoughtful generosity and include you in programs designed exclusively for you.
