Planned Giving

Preserving History & Art for Many Lifetimes to Come

The Fifth Century Legacy Society

Join the community of people who value the Albany Institute of History & Art and want it to continue to span generations.  When you provide for the Institute in your estate plan…be it in your will, living trust, life insurance, retirement plan or other vehicle…you become a member of the organization’s Fifth Century Legacy Society.

The Society honors philanthropic leadership and vision of those individuals who have thoughtfully provided for the future of this outstanding over 225 year old community treasure through a planned gift.

Your Gift, Your Choice

There is no doubt that there are many ways your philanthropic gifts can blend with your own financial needs and tax planning. As a donor, you are in control of your gift.  You may designate it with a specific purpose in mind such as the Institute’s endowment fund or leave it unrestricted so that it can be applied to the areas of greatest need.You can help preserve history and art for many lifetimes to come.

Charles M. Liddle III, AIHA Board of Trustee member and Chair of the Fifth Century Legacy Society : “Over the years, my wife Nancy and I have supported the Institute in many ways.  We wanted to make sure to continue that support in perpetuity.  So we made appropriate arrangements through our donor advised fund and our joint IRA’s at the Community Foundation of the Greater Capital Region to make sure that AIHA will be here for many generations to come.

Ways to Remember the Institute in Your Estate Planning

Bequests

One of the simplest planned gifts is a bequest in your will by which you designate either a specific dollar amount or a percentage of your estate.

Charitable Gift Annuity

In exchange for your gift of cash or marketable securities to the Albany Institute of History & Art, we agree to pay you (and a survivor or other beneficiary) a fixed amount annually for your lifetime.

Charitable Remainder Trust

This life income plan is created by transferring assets to a trust that pays you (and another beneficiary, if you wish), a specified amount annually or monthly for life. The remainder of the trust then comes to AIHA.

Gift of Life Insurance

The contribution of life insurance can provide a substantial gift to the Albany Institute of History & Art.

Charitable Lead Trust

Individuals with very large estates can use a charitable lead trust to benefit the Albany Institute of History & Art and pass the principal to family members at a greatly reduced tax cost.

Gift of Retirement Plans

Naming the Albany Institute of History & Art as the beneficiary of your retirement plan is one of the easiest ways to make a legacy gift as it merely requires that the donor complete a new beneficiary designation form and typically does not require new legal documents.

Benefits

Members of the Fifth Century Legacy Society receive great benefits including:

• Special recognition in print and digital media
• An invitation to the annual Fifth Century Society luncheon
• Knowledge that your philanthropic support will benefit future generations of patrons of the Albany Institute of History and Art.

Questions?

For questions or more information please contact the Development Department at 518-463-4478 or email us at development@albanyinstitute.org.