Envisioning the long-term outlook as an organization mirrors Utah Heritage Foundation’s approach to preservation: What are the techniques and materials needed to preserve this building for the next 100 years? What are the uses for this building that will pay for its upkeep and benefit the community in economic and cultural terms? What tours and school programs will increase public knowledge and appreciation for architecture, and cultivate support for preservation?
Your annual gifts and membership dues to Utah Heritage Foundation fund our current preservation efforts. By extending your support to include Utah Heritage Foundation in your estate planning, you actively participate in the long-term perspective needed to preserve Utah’s historic buildings and neighborhoods for the future by ensuring that Utah Heritage Foundation has the resources to fulfill its mission in the future.
A planned gift to Utah Heritage Foundation can take many forms. Here are a few of the most common:
A General Bequest: Remember Utah Heritage Foundation in your will or trust. The bequest can be a specific amount of cash, securities, a percentage of your estate, a gift of real estate or other tangible property.
Life insurance: Name Utah Heritage Foundation as the beneficiary of a new or pre-existing policy.Many donors choose to donate an existing policy to a charity during their lives in order to reap a current tax deduction. Other donors simply name a charity to receive some, or all of a policy once the donor dies.
IRA, Pension and Retirement Funds: Designate Utah Heritage Foundation as beneficiary, and this could result in an estate tax deduction. Charities do not pay income taxes on proceeds from retirement funds. Whether it’s 5%, 10% or more, the Utah Heritage Foundation will gladly accept any sum from a retirement plan. Many beneficiary designations can now be changed online.
Life-Income Gifts: Provide income to yourself or a designated beneficiary through a life-income gift such as a charitable gift annuity, charitable remainder trust, or charitable lead trust, among others.
Estate planning should be undertaken with the assistance of a legal or financial advisor who can help in determining the optimal planned gift for your personal situation, as well as the tax benefits for you and your family.
If you have included Utah Heritage Foundation in your estate, please let us know! We would love to express our gratitude, keep you informed of our achievements and, with your permission, publicly recognize your foresight and generosity.