Planning for the Future, Yours & Ours
Gift and estate planning is an important process that will benefit both you
and the Cleveland Museum of Art. Planning ahead will help prevent the government
from receiving a larger portion of the assets you've accumulated over your life.
The CMA was founded with four planned gifts of land, art, cash, securities
and other assets. These gifts created the foundation for our permanent
collection and continue to contribute to our remaining a world class
institution. The museum has become one of the worlds most distinguished
comprehensive collections of art, and one of northeastern Ohio's premier civic
and cultural institutions. And the distinction we are perhaps the most proud of
---CMA is one of very few world-class cultural institutions where admission is
still free.
The Cleveland Museum of Art has established an office of Gift & Estate
Planning to provide our members with highly personalized, full-service resources
for all types of charitable giving. If you are considering making a gift to the
museum, we are happy to help you make your wishes a reality in a taxwise manner.
The museum may hold an important place in your life, and you may wish to
make a gift in recognition of its value. While we appreciate every gift of every
size, we want the gift to give you the most benefit possible.
The CMA Gift & Estate Planning Office can assist you in selecting the
type of gift most suited to your needs. A "Planned Gift" is a term that includes
many types of gifts such as gifts or art, bequests through a will, gift
annuities, charitable trusts and others. Several types provide "life income" or
income benefits to the donor along with tax savings. Some of these gifts are
simple and some more sophisticated.
Benefits to You
A thorough and accurate estate plan will ease the burden upon those who
handle your estate. It will ensure that assets such as stock, insurance policies
and other property not be overlooked by your executor and family. Estate and
Gift Planning can benefit you in many ways including:
- distribute your property according to your wishes
- provide tax savings
- generate retirement income
- transfer more of your assets to beneficiaries & less to the government
- provide a lasting legacy through your gift
All conversations with the CMA Office of Gift & Estate Planning are
confidential and without obligation. We will provide you a personalized proposal
with detailed tax & income information. Contact us at (216) 707-2585 or contact
us at
plannedgiving@clevelandart.org
Our Service & SupportThe Cleveland Museum of Art has staff
dedicated to assisting donors with gift & estate planning. In addition, we have
respected members of Cleveland's financial and legal community serving as
advisors through our Planned Giving Council. These individuals generously offer
their time and expertise to further the museum's mission.
Giving Options
The mission of the Office of Gift & Estate Planning is to provide donors
with a highly personalized, full-service resource for charitable gift and estate
planning. This section of our web site will provide you
with comprehensive detail of many of the options available, including:
Endowments
Gift Annuities and Deferred Gift
Annuities
Bequests/Wills
Gifts of Art
Trusts
Stock/Bond Power
Among the many ways we offer support and involve you in the life of the museum
are:
Guides for Gift & Estate Planning
Contact us to order our brochures with more
complete information on gift planning techniques.
Personalized Proposals
Contact us and the CMA staff will provide a
customized, comprehensive analysis of the gift you are considering. Our
proposals are easy to understand, with flow charts and tax information.
Legacy Society
Giving a gift to the museum brings an immediate additional benefit of
membership in the Legacy Society. It was created to recognize those who have
thoughtfully named the CMA in their wills or made other gifts to the museum.
Membership includes a specially designed gift, an opportunity to meet others
with similar intersts and being more closely involved with the life of the
museum.
Further information about the Legacy
Society
Lasting Legacies
This is a museum newsletter created especially for our donors. It is devoted
to current information on tax planning and charitable giving techniques. You can
view back issues and a subscription order form online.
Estate Planning Seminars - FREE
Informative seminars with financial and legal experts are offered regularly
to our members. We are always striving to develop programs responding to our
members' interests and needs. For information on these seminars, Please click
the "Estate Planning Seminars" button on the right for information on upcoming
events.
Further information about Estate Planning Seminars
Useful links
Gift Calculator
Gift Law Link
The benefits of making a charitable gift to the Cleveland Museum of Art
last a lifetime...and beyond...
© Copyright 2001. Cleveland Museum of Art. All rights reserved.
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