Skip to Main Content

Village Guardian Legacy Society

When you remember Village Theatre in your estate plans, you provide invaluable support that ensures the productions and programs you love live on even after your passing. Now more than ever, having a thoughtful legacy plan in place to care for the people and causes you care about can bring comfort during times of uncertainty and change.

A gift made in your will, trust, beneficiary designation form or other instrument are simple to arrange and remain under your control during life. With an estate gift of any size, we welcome you as a lifelong member of the Village Guardian legacy society with following benefits:

  • lifetime legacy society recognition in main stage playbills and other materials
  • invitations to special behind-the-scenes events throughout the year
  • and an invitation to our annual legacy society luncheon

Give More Than You Ever Thought You Could With A Simple Change To Your Beneficiary Form.

Life insurance policies and retirement plans are common financial planning tools that offer comfort during life and provide for loved ones upon your passing, and make wonderful legacy gifts because they are easy to arrange. It is not uncommon for beneficiary designation forms to change several times throughout life to reflect your current relationships and financial goals. Often these changes can be made online or over the phone at no cost to you.

Including Village Theatre as a beneficiary is a wonderful way to support the performances and programs you love and may come with tax benefits. For example, gifts made to charity through your IRA are distributed outside of your will and are not subject to estate or income tax (see below example illustration.)

Gift of $100,000

Gift of $100,000

IRA Beneficiary

Individual (non-spouse)

Village Theatre

Estate tax

$40,000 (based on value of estate)

$0

Income Tax

$19,200 (based on 32% tax rate)

$0

Net gift

$40,800

$100,000

Total Tax

60%

0%

Village Theatre's gift planner is happy to hear from you and answer any questions you may have.

Sample Bequest Language

A bequest is a gift made to charity through your will or trust. As with gifts made directly through a beneficiary designation form, a bequest also remains under your control during life. The wording of your bequest depends on the type of gift you want to leave – a percentage of your residual estate, a specific dollar amount, or a particular asset – we welcome your creativity!

Here is example language you may refer to when making your bequest:

SPECIFIC BEQUEST

I give Village Theatre, a Washington State nonprofit organization located at 303 Front St. N, Issaquah WA 98027-2917, Federal Tax ID# 91-1077130, ____________ (property or amount) for the Village Theatre Endowment Fund.

RESIDUAL BEQUEST

I give Village Theatre, a Washington State nonprofit organization located at 303 Front St. N, Issaquah WA 98027-2917, Federal Tax ID# 91-1077130, ____________ (all or a percentage) of the rest, residue and remainder of my estate for the Village Theatre Endowment Fund.

PERCENTAGE BEQUEST

I give Village Theatre, a Washington State nonprofit organization located at 303 Front St. N, Issaquah WA 98027-2917, Federal Tax ID# 91-1077130, ____________ percent of my estate for the Village Theatre Endowment Fund.

Please let us know if you choose to leave a legacy gift so that we can celebrate and share with you special legacy society member benefits. Village Theatre's gift planner, Janell Johnson, is here to answer any questions you may have and looks forward to hearing from you at (425) 392-1942 x208 or jjohnson@villagetheatre.org.

scriptsknown