Planned Giving

Planned Giving to VAM

Leave a lasting legacy to the Virginia museum community by making a planned gift to VAM, and ensuring that you remain an integral part of making Virginia's museums better long after you are gone.


Bequest

A bequest is the simplest and most common form of planned giving. A testamentary gift, made by will or trust, allows you to make a contribution to VAM. Since charitable requests are deductible from the overall size of your estate, significant estate tax savings are possible.

There are a couple of ways to make a bequest to VAM:

  • Name the Virginia Association of Museums as a specific beneficiary, stating a fixed dollar amount or percentage of your estate that you wish to donate.

  • Name the Virginia Association of Museums as a remainder beneficiary, providing for VAM to receive assets from your estate after all specific beneficiaries have received their legacies.

  • If you have already prepared a will, your attorney can add the Virginia Association of Museums as a beneficiary through a simple amendment called a "codicil."
  • In addition to cash, you may make your bequest in the form of securities, insurance policies or other assets with beneficiaries.  

Join VAM's Legacy Society

Joining our Legacy Society is as simple as informing us of your intention to make a planned gift. Please contact us at membership@vamuseums.org with any questions about planned giving options, or to let us know that you have mentioned VAM in your estate plans.  

VAM