The Legacy Circle is MIM’s planned-giving recognition society created to honor those who have provided for the museum in their wills, trusts, retirement plans, and other planned-giving and/or estate plans. When you give to MIM through a planned gift, you are making a lasting investment in our future by ensuring the vitality and permanence of both the museum’s collections and its programs for generations to come.
WHAT IS PLANNED GIVING?
Planned giving consists of any major philanthropic gift that donors make during their lifetime, which does not take effect until the maturity of the gift. Donors often feel more comfortable in making larger gifts with planned giving than they could have made solely with their income and current savings.
- Provision in a Will or Trust
- Retirement Assets
- Charitable Distributions
- Charitable Gift Annuities
- Life Insurance
- Donor-Advised Funds
- Appreciated Stocks and Other Tangible Assets
BENEFITS OF PLANNED GIVING
INFLUENCE AND IMPACT
Planned giving allows donors the opportunity to direct how their funds are used to create a lasting legacy for the future. For example, Legacy Circle members can choose to help support MIM’s field trip program or other educational offerings for children.
MIM recognizes Legacy Circle members for their generosity and foresight in helping to advance our mission through name recognition on our donor wall and in our Annual Reports, as well as invitations to special events.
Donors who provide a planned gift can realize significant tax advantages, including reduction in income and/or estate taxes. Planned giving, as part of an overall estate plan, can also reduce or eliminate probate expenses.
Incorporating planned giving in your estate plan can offer peace of mind and protection from uncertainty around bequests as well as provide benefits to you, your family, and MIM.
To learn more about becoming a member of MIM’s Legacy Circle, contact MIM’s Institutional Advancement Department at 480.478.6062 or advancement@MIM.org.
MIM is a registered 501(c)(3) nonprofit organization.
When I first came to MIM I really fell in love with it and decided to become involved by volunteering as a tour guide. My wife and I have no kids, so we have decided to designate money in our will among three charities close to us, including MIM. I love what MIM does and it is related to the industry I made a living in as a concert promoter for artists including Andy Williams, Tony Bennett, and B. B. King. As I give tours, it’s amazing to see how much people really love MIM. As much as it’s about music, it’s really a cultural snapshot of the world.
—Larry Berle, Legacy Circle member