Philanthropy in Bloom
The chance to participate in a botanical art class presented itself about 18 years ago at the Virginia Robinson Gardens, Beverly Hills. I remember thinking, "Painting flowers should be fun." More
Entrusting The Huntington With Our Father's Legacy
Y.C. Hong's legal papers and family ephemera are now a part of The Huntington's collection. More
The Huntington's Gift to Us
I've become convinced that everyone has a unique purpose that only they can fulfill. I found mine, in large part, some 20 years ago when James Folsom, Telleen/Jorgensen Director of the Botanical Gardens, asked me if I'd like to teach my brush painting classes at The Huntington. More
The Joy of Seeing The Huntington Bloom
The Huntington has been on my radar since I was a little girl. But it wasn't until I was in high school that it became an active part of my life. After school on Fridays, my friends and I would go adventuring and exploring in the gardens. More
A Gift in Honor of My Dad
For as long as he can remember, Mark Harmsen knew The Huntington was a special place. He remembers his dad, Ty Harmsen, introducing him to the "treasures" in the library exhibit hall at an early age. More
A Far-Reaching Gift for New Entry Gardens
The Huntington recieved an extraordinary $2.9 million bequest from decades-long Huntington Members Howard "Tucker" Fleming Jr. and Charles Williamson. The far-reaching gift will provide vital maintenance funds for the Education and Visitor Center gardens currently under construction. More
Ensuring Future Generations Will Be Able to Enjoy the Chinese Garden as We Have
Bill and Jodi Clark have enjoyed the peaceful surroundings of the Chinese Garden for many years, and thanks to a gift in their estate plans, future generations will be able to soak up the serenity and peace of Bill and Jodi's favorite garden. More
Securing the Future
Shortly after midnight on Oct. 17, 1985, Huntington security officer Ron Wardwell was among the first to respond to a fire in the Huntington Art Gallery. A defective light fixture in the elevator was thought to have been the cause. More
A Gift in Honor of His Beloved Morgina
Morgina Eagleton was among The Huntington's treasures. She became a volunteer in 1995 and served as planned giving coordinator from 2003 until she passed away unexpectedly in August. Her memory lives on at The Huntington in several ways. More
Multimillion-Dollar Gift Supports Art and The Huntington
Hannah and Russ Kully are loyal supporters of The Huntington and avid art collectors. Their involvement with the organization over the years has prompted them to include a generous gift to The Huntington in their will. More
Sharing Life's Simple Pleasures With Future Generations
Through Nancy Cook Moll's estate plan, she was able to support The Huntington through endowments. Thanks to her generosity, the Library will now be able to share its resources with visitors for years to come. More
Carol Pearson has spent over 50 years making a difference at The Huntington. Since 1958, as a staff member, freelancer, and volunteer, Carol has had a hand in many activities, from cataloging rare books to editing indices for scholarly works-even proofreading the annual report. More
You Can Help Ensure the Future for the Things You Cherish Today
The Huntington Library is a special place for Patricia Geary Johnson. Ever since she was a little girl, she was fascinated with The Huntington's British and European Collections. So she and her husband, George, created a bequest in their will to The Huntington Library. More
"My years working at The Huntington were the best years of my life." That was how Nancy Cook Moll reflected on her thirteen years as an editor working at The Huntington Library Press, the second oldest publisher in California. More
Christine and Brad Mishler
The Huntington was a special place for both Brad and Christine Mishler. As active supporters for three decades, they took a vibrant interest in Colonial and 19th century American Art as well as Native American art and artifacts. More
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.
A charitable bequest is one or two sentences in your will or living trust that leave to The Huntington a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.
an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan
able to be changed or cancelled
A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.
cannot be changed or cancelled
tax on gifts generally paid by the person making the gift rather than the recipient
the original value of an asset, such as stock, before its appreciation or depreciation
the growth in value of an asset like stock or real estate since the original purchase
the price a willing buyer and willing seller can agree on
The person receiving the gift annuity payments.
the part of an estate left after debts, taxes and specific bequests have been paid
a written and properly witnessed legal change to a will
the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will
A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to The Huntington or other charities. You cannot direct the gifts.
An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.
Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.
Securities, real estate or any other property having a fair market value greater than its original purchase price.
Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.
A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.
You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.
You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to The Huntington as a lump sum.
You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to The Huntington as a lump sum.
A beneficiary designation clearly identifies how specific assets will be distributed after your death.
A charitable gift annuity involves a simple contract between you and The Huntington where you agree to make a gift to The Huntington and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.