Frequently Asked Questions

• Why make a planned gift to the Barnes?

  Making a planned gift is a thoughtful way to contribute to the future of the Barnes and to create a legacy that will inspire other art enthusiasts for generations to come. These gifts ensure, in perpetuity, care for our treasured collection and the engagement of new and increasingly diverse audiences through our education and our public- and community-engagement programs.

  Planned gifts are a great way to offer critical support while also receiving benefits for you or your loved ones.

• Can I generate income for myself or a loved one with my gift?

  Yes! The Barnes has opportunities for Gifts That Pay You Income. You can also provide income for a child, a grandchild, a parent, or a friend. That income can increase cash flow now and/or during retirement, pay for a college education, provide income for aging parents, or perhaps assist a loved one with special needs.

• If I am unable to make a current gift, how can I support the Barnes in the future?

  An easy and low-cost way to make a gift to the Barnes is to include the Barnes in your will or revocable trust. Gifts by Will are a major source of support for the Barnes. Each individual legacy contributes to our financial strength and ability to offer transformative experiences to our many audiences in perpetuity. If you have not already done so, please consider putting the Barnes in your will or revocable trust. See our Bequest Language page for samples of how to do this. You can also designate the Barnes the beneficiary of Life Insurance, annuities, or Retirement-Plan Benefits.

• What asset should I use to make my gift?

  While cash or a check is a simple way to make a gift, you might want to consider the following:

  Gift Type	Possible Benefits
  Cash	Current income-tax deduction Generate income
  Appreciated securities, such as stocks, bonds, or mutual funds	Elimination or reduction of capital-gain tax Current income-tax deduction Generate income
  Make the Barnes the owner and beneficiary of life insurance or annuities	Income- and estate-tax savings

   

• How will the Barnes use my gift?

  Your contribution will help to ensure that the Barnes is a vibrant cultural and educational resource now and for generations to come. Planned gifts provide critical income to sustain our outstanding collection, building, and education and community-engagement programs that enhance Philadelphia’s cultural and civic life.

• Can I direct how the Barnes will use my gift?

  Yes! Gifts can be used to fund specific programs, initiatives, and departments. We would be happy to discuss various options with you.

• How will the Barnes recognize my estate or planned gift?

  With your permission, we will recognize you as a member of the Barnes 1922 Legacy Society in our printed annual Thank You Brochure and Annual Report and on onsite signage. Barnes 1922 Legacy Society members are also invited to select receptions throughout the year.

• Whom should I call if I would like more information about making a planned gift or the Barnes 1922 Legacy Society?

  Please contact Emily Goldsleger at 215.278.7115 or egoldsleger@barnesfoundation.org.