Planned gifts are deferred contributions which you can make through your will, retirement plan, trust, or other life-income plan, to name but a few options. They all offer attractive tax benefits, some of which can be immediate, particularly when you choose to fund your gift with appreciated securities, as you will reduce or eliminate capital gains tax.

Most important, planned gifts are added to Chautauqua’s endowment, ensuring that the programming quality experienced through all four of Chautauqua’s pillars – Arts, Education, Religion and Recreation, will continue for years to come.

 

Types of Gifts

Bequests

Bequests

A bequest is the easiest and most common way to make a planned gift. It can be as simple as including CHQ in your will either as a percentage of your estate or for a specific dollar amount. You can also bequeath tangible personal property. The great advantage of a bequest is that you don’t have to part with any of your assets during your lifetime. In addition, you may eliminate or reduce federal estate taxes.

A bequest can be made in one of the following ways:

  1. Specific Bequest: Name Chautauqua Foundation, Inc. as a beneficiary of your estate.

  2. Residuary Bequest: Once all estate obligations have been satisfied, i.e., taxes, debts, expenses, as well as other bequests, what remains is given to CHQ.

  3. Contingent Bequest: This type of bequest is conditioned on the occurrence of an event, i.e., one or more of your beneficiaries predecease you, in which case, CHQ becomes the beneficiary.

The following language may be helpful when arranging a bequest to CHQ:
Our legal name: Chautauqua Foundation, Inc.

I give ($______ ) (or a specific asset such as securities, real estate or other property), or (___ percent) of the rest, residue and remainder of my estate to Chautauqua Foundation, Inc., in Chautauqua, New York, for its general support of Chautauqua Institution.

By making a bequest to CHQ, you are entitled to become a member of the Eleanor B. Daugherty Society.

* Please note that any type of planned gift you are considering should be discussed with your own professional advisors.

 

Memberships

The Eleanor B. Daugherty Society

By making a planned gift to Chautauqua Foundation, Inc, you are entitled to become a member of the Eleanor B. Daugherty Society, a group of Chautauquans who have included Chautauqua Foundation in their will or other estate plans. Click here to learn more about membership benefits. 

Chautauqua Foundation Planned Giving Committee

 

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Dusty Nelson, J.D.
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Andrew Camden
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Jack Connolly
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Courtney Curatolo
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Laura Currie
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Sylvia Faust
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Joan Keogh
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Susan Laubach
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Amy Mead

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Bethanne Snodgrass

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Ben Sorensen