Why does A.C.T. need planned gifts?
Maintaining A.C.T.’s long-term financial stability and leadership demands that a substantial portion of A.C.T’s annual budget come from endowment income. Planned gifts build endowments. Large endowments are essential for the success of any large arts organization, and A.C.T. particularly needs a strong endowment to support its artistic mission: “to conserve, renew, and reinvent the rich theatrical literature and traditions that are our collective legacy, while exploring new artistic forms and communities.” Bequests, charitable trusts, and other planned gifts allow donors to provide generous future gifts from their estate to support A.C.T.’s core mission without disturbing their financial situation during their lifetime. How do I include A.C.T. in my will or living trust? The most common way people remember A.C.T. in a will or living trust is with a charitable bequest. You do not have to rewrite your current documents. You simply add an amendment, called a codicil, to your will or livin
