Bequests & Legacy Giving
Through a special gift to the Pittsburgh Botanic Garden, you have the opportunity to support the Garden and receive lifetime benefits important to your financial future. Gifts that help your own financial planning strategies and also help the Garden include: charitable gift annuities, bequests, gifts of retirement plan assets and other assets.
These gifts are important for ensuring the future of the Garden. Typically, individuals work with their own attorneys when considering such gifts but, if you would like to contact the Garden directly to discuss some options, please call Beth Exton, Development Director, at 412-444-4464 x 223.
- Bequest— Include the Garden in your will or trust for a specific dollar amount, a percentage of your estate or another type of provision to make a thoughtful gift to the Garden and receive potential tax savings for your estate. If you prefer to restrict your gift to a particular program or area of the Garden, please let us know.
- Charitable gift annuity — To establish a charitable gift annuity, a donor makes a gift of cash or appreciated securities. In exchange, the donor is eligible to receive a charitable income tax deduction and receives annual (or semiannual) payments for life. Payment amounts may be made to the donor or to another person and are based on the age of the person receiving the payments.
- Charitable remainder trust — A charitable remainder trust is established when cash, securities or another asset are transferred to a trust. The donor or another person receives payments from the trust for life or for a term of years (not exceeding 20). At the end of the lifetime or term of years, the trust terminates and the assets pass to charity.
- Charitable lead trust — A charitable lead trust is established when cash, securities or another asset are transferred to a trust. The donor arranges for one or more charities to receive payments from the trust. At the end of the trust term, the assets pass to the donor or family members.
- Life insurance — Name the Garden as beneficiary of all or a percentage of a fully paid life insurance policy you may no longer need and you may receive a charitable estate tax deduction for the portion you designate for charity.
- Retirement plan assets — IRA assets are taxable. It is possible to minimize those taxes with a gift to the Garden.
- Savings bonds — Gifts of savings bonds have tax consequences when transferred to individuals but may be bequeathed to charities with fewer tax ramifications.