LEGACY SOCIETY | FEBRUARY 2024

How Christine and Drew McDermott are Making a Difference

Christine and Drew McDermott have recently notified us that they are including the Foundation and the New Mexico History Museum in their estate plans as a bequest from their revocable living trust and have offered us their reasons why,

“I’ve had the good fortune to serve as a Museum of New Mexico Foundation trustee and investment committee member for many years. Drew and I have enjoyed exploring the museums and historic sites and making long lasting friends with Circles members, Foundation staff, museum professionals and fellow trustees. As native New Mexicans we are thrilled to designate a legacy gift of support to the MNM Foundation and our cultural institutions.”

 Benefits of a Charitable Bequest

A bequest is wonderful way for you to help further the work of the Museum of New Mexico Foundation and the institutions we support. A charitable bequest is an easy way for you to help us continue our work far into the future.

 Some of the benefits of bequest giving:

  • A bequest gift doesn’t come from current income or resources.
  • Your bequest can be modified should your circumstances change.
  • You can still provide for your family.
  • Your bequest gift is a reflection of your values.
  • Very large estates may benefit through estate tax savings.

How to Make a Bequest

A bequest is one of the easiest gifts you can make to significantly impact our work. Your estate planning attorney can include a provision in your will that leaves a lasting gift to the Museum of New Mexico Foundation or one of the cultural institutions we support. Your bequest could be a gift of specific assets (such as a vehicle, artwork or coin collection), a dollar amount ($100, $1,000 or 10,000) or a percentage of your estate (3%, 10% or even 25%). A bequest could also be made from the residue of your estate or what is left after all gifts have been made to your heirs. Visit our website to learn more.

Sample Bequest Language

Please contact us to discuss your philanthropic wishes, so we can provide sample language that your attorney may use in drafting your bequest gift to the Foundation. Sample bequest language is also available on our website.

 

For more information about the MNMF Legacy Society or making a planned gift, please contact Laura Sullivan, Director of Planned Giving at laura@museumfoundation.org or 505.216.0829.