Please remember Scottsdale Arts
in your Estate Plan
The Legacy Society honors those who have added Scottsdale Arts in their estate plans. Scottsdale Arts was founded because of a group of forward thinking residents who recognized the need to ensure arts programming was a priority for future generations of citizens. With incredible foresight and generosity, Legacy Society members are critically important in sustaining our organization well into the future.
Join the Legacy Society!
Planned Gifts help support Scottsdale Arts’ Endowment Fund, which is a critical piece in forming the yearly budget and has allowed the institution to flourish artistically and truly become a world class arts campus. The principal of the Endowment Fund is invested to increase over time to ensure innovative, multidisciplinary programming
Just as you may be supporting Scottsdale Arts during your lifetime, you may also want to support the arts in the future by making a gift upon your death. Including Scottsdale Arts in your estate plan costs nothing now, yet it will give you a great deal of satisfaction to know that your future gift will benefit Scottsdale Arts as a whole or you can select a specific entity to endow. You can select the Scottsdale Center for Performing Arts (SCPA), Scottsdale Museum of Contemporary Art (SMoCA), or Scottsdale Public Art (SPA)
A bequest is a transfer of cash, securities, or other property through a will or a living trust. A bequest to Scottsdale Arts can be made of a specific dollar amount, of a specific asset, of a percentage of your estate, or even of all or a portion of what is left after you have made specific bequests to your family and others.
Retirement Plan Assets
The best way to make a gift of retirement plan assets is to name Scottsdale Arts a primary or secondary beneficiary on your plan’s beneficiary designation form. This can be an extremely tax-efficient method of making a gift because retirement plan assets may be subject to both income tax and estate tax before an individual beneficiary can receive them after your death. The combined taxes may significantly reduce the amount to the individual beneficiary. Retirement plan assets which are distributed to Scottsdale Arts are not subject to income tax or estate tax, so Scottsdale Arts can use 100 percent of the gift.
You can make Scottsdale Arts the beneficiary of a life insurance policy. You may also, under certain circumstances, make Scottsdale Arts the owner of a life insurance policy on your life and receive an income tax charitable deduction for a portion of the face value of that policy.
Get in Touch
Help us ensure Scottsdale Arts will continue to impact this community for years to come.
To start a conversation about joining the Scottsdale Arts Legacy Society, please contact Kelly Hicks at KellyH@ScottsdaleArts.org or 480-874-4662.