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Sharing Life's Simple Pleasures With Future Generations


Nancy Cook Moll

By Kimberley Valentine

In the early days of The Huntington, Nancy Cook Moll found a special home in the Library division—back when the staff was small and the pace was a lot slower than it is today.

Nancy worked in the publications division and developed lifelong friendships, along with a lifelong passion for learning, gardening, and The Huntington itself. After moving from Pacific Palisades to Los Osos, Nancy never truly let go of The Huntington and its hold on her. She grew some of the most beautiful orchids and created a garden rich in native plants and succulents. She read every word ever published here, from calendar articles to The Huntington Library Press journals to my treatises on planned giving.

When it came time to finalize her estate plan, Nancy decided that two of her heart's great loves would be equal recipients of her legacy. To that end, Nancy created not one, but technically two endowments here at The Huntington. The first, which honors her love of the Library and its vital work, was created to help the Library continue to acquire new materials. The Nancy Cook Moll Library Acquisition Fund is a testament to her desires.

The second endowment was in fact already created to support the cultivation, propagation, and growth of our existing orchid collections. Nancy knew of the Nax Orchid Endowment and rather than create a new endowment, her gift was added to this existing endowment. This addition enhances what is currently being done and may in fact be enough to create a curatorial position for the orchid collections of The Huntington.

Never would Nancy in her humble way have imagined how great her gift was to us and the powerful way in which she was able to impact the Library and the botanical collections. Learn about the many ways you can make a difference at The Huntington.

eBrochure Request Form

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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.

Personal Estate Planning Kit Request Form

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