Gifts in a will or by beneficiary designation are two easy ways to ensure a bright future for The Joffrey Ballet—and they don’t cost anything now.
You can learn more about these special opportunities in our free brochure, Simple Ways to Create Your Legacy, and other complimentary planning resources. These resources are just a click away!
Gifts in a Will
Making a legacy gift in your will or trust is one of the easiest and most popular ways to make a lasting impact for The Joffrey Ballet. Once you have provided for your loved ones, we hope you will consider making the power of dance part of your life story through a legacy gift.
A gift in your will is one of the easiest ways to create your legacy and offers the following benefits:
- Lasting Impact: Your gift will create your legacy as a champion of the arts.
- Flexible: You can alter your gift or change your mind at any time and for any reason.
- No Cost: It costs you nothing now to give in this way.
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Four simple, “no-cost-now” ways to give in your will
General gift
Residuary gift
Specific gift
A specific gift is a gift of a particular piece of property. For example, real estate, funds in a bank account or shares of a corporation.
Contingent gift
A contingent gift takes effect only if the primary beneficiary or beneficiaries do not live longer than you. In other words, your gift is contingent upon whether or not they survive after you.
You can mix these no-cost ways together. For example, you might consider leaving a specific percentage (such as 50%) of the residual to The Joffrey Ballet contingent upon the survival of your spouse.
Gifts by Beneficiary Designation
It’s easy to put your bank accounts, retirement funds, savings bonds, and more to use in service of ensuring the future of dance — and it costs you nothing now. By naming the Joffrey as a beneficiary of these assets, you can power our mission for years to come and establish your personal legacy of unparalleled dance performance and education.
Potential benefits of gifts by beneficiary designation:
- Reduce or eliminate taxes
- Reduce or avoid probate fees
- No cost to you now to give
- Create your legacy with The Joffrey Ballet
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Types of Gifts
Retirement plan assets
Life insurance policies
You can name The Joffrey Ballet as a beneficiary of all or a portion of your life insurance policy. With this gift arrangement, the Joffrey will receive the proceeds of your policy after your lifetime. You can change your beneficiary at any time and may reduce your estate taxes.
Bank or brokerage accounts
Funds remaining in your donor-advised fund
What remains in a donor-advised fund is governed by the contract you completed when you created your fund. When you name The Joffrey Ballet as a “successor” of your account or a portion of your account value, you enable our Company Artists, students, and community members to access the transformative power of dance for generations to come.
How to update a beneficiary designation:
Simply contact your bank, retirement plan administrator, insurance company, or other financial institution to request a beneficiary designation form. You may also be able to log in to your account and update your beneficiaries online.
Please use our legal name: The Joffrey Ballet
Include our tax identification number: 36-4009741
Share Your Legacy
If you have already included a gift in your estate plans to benefit the future of The Joffrey Ballet, be sure to let us know so that we may best honor your wishes.
Our team is here to help
Our experienced team is here to help you…
- Learn about special projects that align with your interests.
- Structure a donation that maximizes benefits for you and your loved ones.
- Stay up to date on how your gift is used.
- And more!