PLANNED GIVING

Join the Garden Legacy Society – Planned Giving and Estate Planning

The Botanical Garden of the Piedmont’s vision is to create and maintain the garden designed to unite plants natural to our region with appropriate architecture and landscape design.

A planned gift is a great way to ensure that future generations will continue to enjoy the unique character of the Garden while allowing you and your family to maximize the financial rewards of your philanthropy. These gifts are structured to help you realize the full range of the tax and income incentives provided by law to encourage your charitable giving.

If you have already made a provision for the Garden in your estate plan, please let us know so that we may acknowledge your gift. Thank you!

However you choose to give, we are grateful for your investment in the Garden’s future. Your planning today helps ensure the Garden will be available for future generations.

Looking Forward

The staff at the Garden can help you plan for tomorrow and receive maximum benefits today. If you have questions about planned giving options, or if you would like to make a gift please contact us at (434) 953-0296.

We strongly recommend that you consult with your attorney, accountant and/or financial advisor in evaluating which options might be appropriate for you and in implementing a planned gift.

 

Gift Type Description Conservation Benefit
Bequests Leave certain assets to the Garden in your will.
Sample Bequest Language:

I bequeath to Botanical Garden of the Piedmont (Tax Identification Number 90-0395190), a nonprofit organization located in Charlottesville, VA

  • The sum of __________ dollars; or
  • All the rest, residue, and remainder of my estate; or
  • An amount equal to _____ percent of the net value of my estate.
 Bequests enable us to plan for future projects and activities. Anyone considering such a gift should consult with the Garden staff.
Charitable IRA Rollover Individuals who are at least 70 1/2 years old may transfer up to $100,000 from a traditional or Roth IRA to a 501(c)3 public charity. This can be a benefit if you have a highly funded IRA. Funds assist may assist the Garden with meeting immediate or you may direct funds for future care of the Garden.
Charitable Remainder Trust Place your assets in a trust, managed by an outside trustee. The trust pays you income during your lifetime, after which the remaining assets are donated to the Garden. Trust proceeds support the Garden and enable us to incorporate your donation into endowments or other projects that may be directed by you.
Charitable Lead Trust Annual income from a trust is paid to the Garden during your lifetime, after which the remaining principle is given to a non-charitable beneficiary (or beneficiaries) such as children. Annual payments from the trust can support programs as you so direct.

 

Note: This information is intended as general information, not specific legal or financial advice. You should consult your financial and/or legal adviser as to which options may be most beneficial for you.