Your support of Jacob’s Pillow can live on.
Create a legacy at Jacob’s Pillow. It’s easier than you think.
There are many ways to make a memorable and lasting impact at Jacob’s Pillow.
When you include us in your long-term plans, you join forward-thinking supporters who care about the future of Jacob’s Pillow. Be a visionary who believes in the tradition of giving and become a valued member of the Landmark Circle. Our members have the satisfaction of knowing that they are ensuring the Pillow’s continued success by providing a lasting legacy for dance.
“It was easy to do, and now as members of the Landmark Circle we know that our future contribution will go to an institution that we truly enjoy and will benefit the Pillow and its patrons after we are gone.”
-Carol & Bob Braun, Landmark Circle Members
Common ways of giving through your long-term plans
Gifts by Will or Trust
Making a gift by naming Jacob’s Pillow in your will or living trust offers you flexibility. Your assets remain in your control during your lifetime should you need them, and your gift designation can be changed in the future. You can make your gift conditional on another event, such as if your spouse does not survive you. If your estate is subject to federal estate taxes your gift to us will qualify for an estate tax charitable deduction.
If you already have a will or trust, a simple amendment can be used to add a gift to Jacob’s Pillow. You can assign a specific dollar amount or a percentage of your estate. You are welcome to contact the Development Office to discuss gifts restricted to endowment or to a specific purpose, so that we can be sure to fulfill your wishes. Sample language.
Retirement Plan Assets
A gift to Jacob’s Pillow using your IRA and qualified retirement plans such as 401(k) and 403(b) is one of most tax-wise ways to make a gift to charity. Distributions from these assets to heirs are usually subject to income and possibly estate tax, which combined can be as high as 70%. To avoid taxes and attorney’s fees for drafting documents, you make this gift simply by completing a beneficiary designation form from your plan administrator. You also have the flexibility of naming Jacob’s Pillow as the only or one of several beneficiaries.
Note: If you are over 70 ½ years of age, you can request a direct transfer from your administrator of up to $100,000 from your IRA. This gift also counts toward your required minimum distribution, making it totally tax-free. It’s as simple as visiting your IRA administrator’s website.
Life Insurance Policy
You can make a gift by naming Jacob’s Pillow as the full or partial beneficiary of a life insurance policy. This allows you to retain ownership of the policy and have access to the policy’s cash value, should you need it. Because you retain ownership, no charitable income-tax deduction is allowed at the time of your gift. However, your estate will be entitled to a charitable estate-tax deduction for death benefit paid to Jacob’s Pillow.
Other Gift Arrangements
We are here to provide sample bequest language, ideas on tax-smart ways to give, and to work with your family or advisors to discuss your options. Let us help you choose your best way of giving and how you can make a meaningful gift to Jacob’s Pillow.
“Jacob’s Pillow is a treasure for everyone. I joined the Landmark Circle to ensure the Pillow lives on for future generations of audiences, artists, scholars, and students.”
-Alexandra Warshaw, Landmark Circle Member
Sample Bequest Language and Contact Info
For more information or to notify us of your intention to join the Landmark Circle, please contact:
Diane Wortis, Deputy Director of Philanthropic Engagement at [email protected] or 413.243.9919 x124
Information for Financial Advisors
Legal name: Jacob’s Pillow Dance Festival, Inc.
Federal tax ID number: 04-6002993
Address: 358 George Carter Road, Becket, Massachusetts 01223
I want Jacob’s Pillow to be part of my long-term plans
If you are thinking about making a future gift to Jacob’s Pillow, would you please let us know? We would like to assist you and your family in any way we can. Information you share will be kept confidential.
Jacob’s Pillow is part of my long-term plans
If you have already included Jacob’s Pillow in your long-term plans, would you please let us know? We would like to thank you, welcome you into the Landmark Circle, and most importantly ensure we can fulfill your wishes. Information you share will be kept confidential and we respect any decision to remain anonymous.
The information on this website is not intended as legal or tax advice. Please consult with your attorney, financial, or tax advisor.
Whether you’ve already included Jacob’s Pillow in your long-term plans or are considering it, we want to hear from you!
Information you share will be kept confidential.
Please email [email protected] or call 413.243.9919 x124, so that we can assist you.
It is always wise to consult with your financial and tax advisors when contemplating a charitable gift. For more information or questions, please contact:
Diane Wortis, Deputy Director of Philanthropic Engagement at 413.243.9919 x124
Landmark Circle members are listed in Jacob’s Pillow recognition materials. Anyone who does not wish to have their name published can be listed anonymously. Landmark Circle members are invited to join an annual Landmark Circle brunch with Director Pamela Tatge and members of the Board of Trustees.