These are often the most tax-efficient gifts.

• Publicly Traded Stock
• Mutual Funds or ETFs
• Stock and Bonds
• Donor Advised Fund Grant

To learn more, contact our Executive Director, Liz Warren, at elizabeth@riversidearts.org.

These require a formal review by the Gift Acceptance Policy Committee.

• Residential or Commercial Real Estate
• Land
• Vacation Property
• Art Collections
• Vehicles or Equipment
• Intellectual Property or Royalty Rights

To learn more, contact our Executive Director, Liz Warren, at elizabeth@riversidearts.org.

An excellent way for you to support Riverside Arts Center Foundation’s mission is to leave us a bequest in your will. One significant benefit of making a gift by bequest is that it allows you to continue to use the property you will leave to charity during your life. Another benefit is that you are able to leave a lasting legacy.

Types of Bequests

There are a number of ways you can make a bequest to Riverside Arts Center Foundation. 

Specific Bequest. A specific bequest involves making a gift of a specific asset such as real estate, a car, other property or a gift for a specific dollar amount. For example, you may wish to leave your home or $10,000 to Riverside Arts Center Foundation.

Percentage Bequest. Another kind of specific bequest involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to Riverside Arts Center Foundation.

Residual Bequest. A residual bequest is made from the balance of an estate after the will or trust has given away each of the specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the residue of your estate to Riverside Arts Center Foundation.

Contingent Bequest. A contingent bequest is made to charity only if the purpose of the primary bequest cannot be met. For example, you could leave specific property, such as a vacation home, to a relative, but the bequest language could provide that if the relative is not alive at the time of your death, the vacation home will go to Riverside Arts Center Foundation.

Bequest Benefits

A bequest is generally a revocable gift, which means it can be changed or modified at any time. You can choose to designate that a bequest be used for a general or specific purpose so you have peace of mind knowing that your gift will be used as intended. Bequests are exempt from federal estate taxes. If you have a taxable estate, the estate tax charitable deduction may offset or eliminate estate taxes, resulting in a larger inheritance for your heirs.

Bequest Language

The Riverside Arts Center Foundation (RACF) are happy to assist you in determining charitable options for your legacy. To create a bequest, you will need to consult your estate planning attorney. We have provided some basic bequest language to assist you and your attorney in naming the Foundation as a beneficiary.

To learn more, contact our Executive Director, Liz Warren, at elizabeth@riversidearts.org.

Future gifts that build long-term financial stability.

• Beneficiary Designation Gifts
• Charitable Gift Annuity
• Charitable Remainder Trust
• Charitable Lead Trust
• Life Insurance Policy Gift
• Retained Life Estate

For more information, contact Liz Warren at elizabeth@riversidearts.org

Riverside Arts Center Fund 

Contribute to Riverside’s Endowment Fund to make sure that RAC’s future is bright!

Contact our Executive Director, Liz Warren, at elizabeth@riversidearts.org for more information.

Riverside Arts Center Endowment Fund

Established by Bill Kinley, a founder of the Riverside Arts Center, this endowment ensures the lasting impact of his commitment to the arts in the greater Ypsilanti area. Riverside Arts Center was created to provide a dynamic space where the entire Ypsilanti community, along with the surrounding areas, can come together, engage with the arts, and access transformative cultural experiences. This fund will support the Center’s mission to foster creativity, inclusivity, and community connection for generations to come.

Link to donate: https://aaacf.fcsuite.com/erp/donate/create/fund?funit_id=3047

Sign up through this link and choose Riverside Arts Center or #NN468 to make every shopping trip benefit programs at Riverside Arts Center!