HOW WILL YOU LEAVE YOUR LEGACY?
With its roots dating back to 1919 and the establishment of The Broadmoor Art Academy, the Colorado Springs Fine Arts Center at Colorado College is a beacon of artistic expression and experience in southern Colorado. Our fine art museum, professional theatre company, and art school thrive in the community that supports them.
The legacy of the FAC is indelible. Planned giving allows you to create a legacy that will help to ensure that this icon endures for another century. Opportunities for support through the Fine Arts Center Legacy Society are varied and customizable. We can help you understand the choices so you can select the option that best aligns your philanthropic goals with your everyday lifestyle.
You understand the power of art to inspire, heal, and to simply bring joy. We are here to help you translate that knowledge into meaningful support for the future of the FAC. Contact us today to begin a confidential conversation with no obligation.
FINE ARTS CENTER LEGACY SOCIETY
Through the Fine Arts Center Legacy Society, we honor those who know the value of the FAC’s enduring operation and have provided for that through a future gift. These contributions will help to enhance the museum’s significant permanent collection, care for works already acquired, and support the continued growth of fine art and theatre programming.
A robust legacy society makes a statement about the health of the FAC’s future and encourages others to become part of the effort. Please allow us to properly thank and acknowledge you by telling us about any gifts to the FAC that you have made as part of your future plans. If you haven’t done so already but would like to, please contact us.
THE MOST POPULAR PLANNED GIFTS
Gifts From Your Will
General Bequest
Through a provision in your written and executed will, you can make a gift in the form of cash, securities, real estate or personal property. There are many types of bequests. Choose the one that best fits your needs and intentions.
Beneficiary Gifts
Retirement Accounts
Naming the Colorado College Fine Arts Center as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh, profit-sharing pension plan or other donor-advised funds, will accomplish a charitable goal while realizing significant tax savings.
Gifts That Pay You
Charitable Gift Annuity
You can turn underperforming assets (stock, cash in a savings account, CDs, savings bonds, etc.) into a gift to the Fine Arts Center that provides income to you. Your Charitable Gift Annuity will give you quarterly, fixed payments for life and tax benefits, too.
CURRENT GIFT OPTIONS
Gifts of Stock
Appreciated Stock
When you donate appreciated stocks, bonds, or mutual fund shares instead of cash, you'll receive charitable deductions at full, fair market value while reducing capital gains impact.
Charitable IRA Rollover
Charitable IRA Rollover
If you're 70 1/2 or older, you can make a gift directly from your IRA to the FAC. While there is no charitable deduction for a rollover gift, you do avoid the income tax on the donated portion of your required minimum distribution.
Gifts of Property
Real Estate and Other Valuables
Like stock, the fair market value of gifts of appreciated assets such as real estate, artwork, and other well curated collections, can be deducted from your income tax today and reduce your estate taxes in the future.
Let’s Talk
CONTACT US
Stephany Marreel
Director of Planned Giving
Colorado Springs Fine Arts Center
at Colorado College
stephany.marreel@coloradocollege.edu
Office phone: (719) 389-6231
Samilja Heim
Development Director
Colorado Springs Fine Arts Center
at Colorado College
sheim@coloradocollege.edu
Office phone: (719) 477-4317
FOR PROFESSIONAL ADVISERS
If you are working with a professional adviser or advising a donor, here’s a useful guide for including the Fine Arts Center in a charitable estate plan.
© 2021 Colorado College and Planned Giving Marketing.
This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional adviser.