There are many ways to make a planned gift, joining your legacy with the future of the Academy of American Poets. For more information, or to join the Marie Bullock Society by pledging a planned gift, email [email protected].

 

RETIREMENT ACCOUNTS

Please name the Academy of American Poets as a beneficiary of your donor advised fund, retirement plan, IRA, or life insurance policy. Simply fill out a beneficiary designation form from your plan.

 

REAL ESTATE

The gift of your home is a deeply meaningful way to support the Academy of American Poets. It's possible to make a transformational pledge during your lifetime—without affecting your lifestyle—through a "retained life estate." You may prefer to use real estate to fund a charitable remainder trust or a charitable lead trust.  

 

CHARITABLE REMAINDER TRUSTS

Such arrangements may be tailored to meet your financial needs and can provide either a fixed or variable income for the life of the beneficiaries or for a set number of years. The donated assets (often cash, securities, and/or real estate) are irrevocably transferred to a Trustee. Upon termination of the trust, the remaining assets pass to the Academy of American Poets. A portion of your contribution may be tax-deductible in the year you make the gift.

• A charitable remainder annuity trust pays income as a fixed dollar amount that remains constant for the term of the trust.

• A charitable remainder unitrust pays income that varies from year to year.

 

CHARITABLE LEAD TRUSTS

Such an arrangement provides income to the Academy of American Poets for a specified period of time, after which the trust property passes to the donor's heirs.

• Often stock or income-generating real estate are irrevocably transferred to a trust at a minimum amount.

• The Academy of American Poets receives income from the trust for a specified period of time, after which the property in the trust is transferred to the heirs without further taxation.

• An immediate charitable deduction on one’s gift tax return is available for the present value of the total income stream the Academy of American Poets will receive during the trust term.

• This gift can reduce or eliminate the gift and/or estate tax that would normally be payable on the transfer of these assets to your heirs.

Marie Bullock Society Members

Sharon Alexander
The Estate of Donald E. Axinn
A. M. F. Bany, M.A.
Rosemary Deen
Dr. Leisha Douglas
Mrs. Rita Goldberg
Mary Stewart Hammond and Arthur Yorke Allen
The Estate of Lou Harrison
Helen Houghton
Emma Landau
The Estate of Elizabeth G. Loeb
Sallie White Nixon
Carlyn Parker
Jeannette Watson Sanger
Larissa Shmailo
The Estate of Carol Houck Smith

Seals of Approval

To join the Marie Bullock Society by making a planned gift, email [email protected]