Join a Legacy
The Gertrude Herbert Institute of Art was made possible by the generous and planned giving of Olivia Herbert in 1937, mother to our institute’s namesake. You can join this legacy of generosity with a planned gift. Explore several options below.
PLANNED GIVING
Planned giving can be a powerful tool for donors who are committed to a strong and vibrant future for the Gertrude Herbert Institute of Art. Planned gifts may also provide significant tax benefits for donors. Please consider including the Gertrude Herbert Institute of Art in your estate plans.
Planned gifts such as a charitable remainder trusts, charitable lead trusts, retained life estates, retirement plan designations, life insurance designations, or bequests may be given to the Gertrude Herbert Institute of Art. Since the founding of the Institute in 1937, planned gifts have played a significant role in sustaining GHIA’s artistic and financial vitality.
As a reminder, if you are over 70½ and are required to take withdrawals from an IRA or other qualified retirement account, you may want to consider making charitable gifts using all or a portion of your mandatory withdrawal amount. Giving in this way may result in little or no tax impact when you report the amount withdrawn along with an offsetting charitable deduction.
We invite you to become part of the tradition of giving set forth by Olivia Herbert that built the Gertrude Herbert and has sustained it since 1937.
For more information on planned giving or to notify us of your plans, please contact the Institute at 706.722.5495 or email us at ghia@ghia.org.
Bequests
By including GHIA in your will, you can help ensure the quality of the Institute’s programs and the ongoing preservation of historic Ware’s Folly for generations to come.
A bequest is one of the simplest ways to make a gift and a great way to help sustain the Institute. Whether you wish to provide general operating income or to support a specific department or program, your bequest expresses your lasting commitment to the Gertrude Herbert. Undesignated bequests allow the Institute to use the funds where they are most needed. A bequest may also help you meet your financial and estate planning goals, since your gift would be eligible for an estate-tax charitable deduction equal to the entire amount of the bequest.
Charitable Remainder Trusts
Contribute to the future of the Institute, secure lifetime annual payments for yourself and/or other beneficiaries, and generate substantial tax benefits with a charitable remainder trust. A trust of this kind provides beneficiaries with income for life or a specified length of time and then distributes the remaining assets to the Institute. An income-tax deduction is available immediately.
Charitable Gift Annuities
Charitable gift annuities provide beneficiaries with a fixed income for life in exchange for a gift of cash or marketable securities to the Institute. The rates of return are generally higher than those from savings or money market accounts, and you can choose whether to receive income immediately or wait until retirement.
Charitable Lead Trusts
With a charitable lead trust, you make a significant multiyear gift to the Institute and maximize the value of assets for your heirs. This type of trust pays an annual amount to the Institute, with the assets ultimately passing on to another beneficiary. You can decide whether to receive an income-tax deduction or pass savings on to your estate.
Retirement Plan Assets
Bequeathing retirement assets to the Institute allows you to fulfill your charitable objectives while preserving more of your estate's value for family members. Designating the Institute as the beneficiary of your retirement account may help your estate bypass multitier tax exposures, preserve the value of your estate, and protect your heirs from potential tax burdens.
Life Insurance
Giving a life insurance policy is a great way to transform a modest gift into a dramatic one. You can transfer ownership of a fully-paid policy to the Institute, reassign ownership and beneficiary status for a policy on which premiums are still being paid, or establish a new policy and designate the Institute as applicant, owner, and beneficiary.
More ways to support…
Donate
Generous contributions of community members like you sustain our programs and general operating funds to fulfill our mission.
Sponsor an event
Sponsorships by businesses and individuals bring our exciting art events to life! You can contribute to our fundraisers and connect with our passionate community.
Support Events
We host several events throughout the year at GHIA that we hope you’ll join us for, free or ticketed. View our calendar to see what’s coming up.