The Legacy Society
Making a Planned Gift to the Santa Fe Botanical Garden
An invitation to join the Legacy Society…
The Legacy Society recognizes those who provide for the Santa Fe Botanical Garden with a gift in their wills or estate plans. Please join with others who have taken this step to preserve the beautifully designed gardens and stimulating programs of the Santa Fe Botanical Garden.
Planned gifts are essential to providing the long-range financial support needed to sustain our new Botanical Garden at Museum Hill, the Leonora Curtin Wetland Preserve and the Ortiz Mountains Educational Preserve. These gifts help to fund our educational and community outreach programs, maintain the highest professional horticulture standards, and bring delight and beauty to the lives of all who live in and visit Santa Fe. The generosity of Legacy Fund donors – large and small – will enable the Santa Fe Botanical Garden to become one of the finest gardens in the American Southwest. Some donors want their legacy gifts to support the general needs of the Santa Fe Botanical Garden. Other donors prefer to restrict their bequests to what they care about most –- such as preserving a specific garden, supporting children’s educational programs, investing in community outreach, or funding a professional horticulturalist/educator on staff. All estate gifts are vital to developing and maintaining excellence.
Unless donors advise otherwise, the Botanical Garden will invest planned gifts in its permanent Endowment Fund, indeed assuring a legacy that preserves beauty for future generations.
Here are a few types of Planned Gifts…
Specifying in your will either a dollar amount or percentage of your estate that you want to go to the Santa Fe Botanical Garden, while retaining the use of your assets during your lifetime.
Charitable Remainder Trusts
Transferring assets (e.g. appreciated securities) to a Charitable Remainder Trust and designating the Santa Fe Botanical Garden as a beneficiary of this Trust. You will receive guaranteed payments from the Trust for the rest of your life or for the joint lives of you and your spouse.
Charitable Lead Trusts
Transferring assets to a trust that pays a yearly income to the Santa Fe Botanical Garden for a specified number of years, and then returns the assets to you or your designated beneficiaries. The trust assets will not be included in your estate, providing income, gift and estate tax benefits.
Gifts of Real Property
Donating your home or other real estate to the Santa Fe Botanical Garden and receiving immediate tax benefits, even if you continue to live in your home. This keeps the property out of your taxable estate.
Transferring ownership of a paid-up life insurance policy to the Santa Fe Botanical Garden and receiving an immediate tax deduction, as well as eliminating possible estate taxes.
Naming the Santa Fe Botanical Garden as beneficiary of IRA or other retirement plan assets, eliminating substantial income and estate taxes on these assets at the time of your death.
Recognition and Benefits…
Individuals who indicate to us by March 31, 2013 that they have included the Santa Fe Botanical Garden in their will or estate plan shall receive special recognition and thanks as Founding Members of the Legacy Society. The names of all Founding Members will be inscribed on a plaque in the Orchard at Museum Hill. Founding Members will receive ongoing recognition in listings of Botanical Garden donors, and will be invited to attend a private social event each year. There is no minimum financial commitment required to enjoy Legacy Society member benefits.
Naming Opportunities for Planned Gifts…
For donors who make an irrevocable planned gift, naming opportunities exist for funds to support a range of Botanical Garden programs and properties, including:
- Educational Program Funds
- Community Outreach Funds
- Garden Preservation Funds
- Professional Staff Underwriting
The Santa Fe Botanical Garden can help you and your legal advisors to design a planned gift that suits your particular needs.
Please contact Clayton Bass, Chief Executive Officer, if you would like more information about making a planned gift, or to let us know that you have made provision for such a gift in your will or estate plan.
Clayton Bass, Chief Executive Officer
Telephone: 505- 471-9103