Literary Arts’ Legacy Society
Make a legacy or planned gift through your will and ensure that the great work you care about continues for the benefit of future generations.
Literature asks a reader to learn what it means to be another human being. It is essential to a healthy civic life.
Now, Literary Arts engages 20,000 readers, supports 1,500 writers, and inspires 4,000 of Portland’s youth annually. We want to continue this tremendous growth in all programs to increase the access to literature in our community.
What is Legacy Giving?
Legacy gifts, or planned gifts, are an excellent way to make an impact on an organization in which you believe in so that the great work that you care about can continue.
This type of giving comes in a variety of ways and allows you to customize your support for the future of Literary Arts according to your passions and principles, without costing you anything during your lifetime.
“I enjoy Literary Arts as a reader, Delve seminar participant, Portland Arts & Lectures subscriber, past board member, and current volunteer. When I did my estate planning, I included a bequest to the organization to show my appreciation for their important work. I am happy to give a gift both now and in the future, and I am proud that Literary Arts will be a mainstay in the community for years to come.”
–Amy Prosenjak
The following are samples of ways you might include Literary Arts in your planned giving. These are intended only as examples, and you should consult your attorney as you make your will or estate plan.
Bequests
A Bequest is a gift made from your will. It is one of the simplest and most common forms of legacy giving.
Bequests can be a set dollar amount or a percentage of your estate. You can make this gift without paying anything now. The purpose of this gift can be unrestricted to Literary Arts, or directed to a specific program close to your heart.
Common ways to make a bequest:
- Beneficiary of Life Insurance
- Retirement Plans: 401(k) or 403(b) accounts
- Personal bank accounts
Advantages of making a bequest:
- Retain control over your assets and determine how they are distributed
- Federal and State Estate Tax deductions
- Supporting the meaningful work of Literary Arts
- Advancing personal financial goals—bequests cost nothing in your lifetime
Sample Language
“I hereby give, devise, and bequeath _________ (a specific dollar amount or percentage of the residue of my estate) to Literary Arts, a nonprofit corporation of the State of Oregon, to be used to further the purposes of Literary Arts in the area of greatest need.”
Literary Arts Tax Information
Name: Literary Arts, Inc.
Address: 925 SW Washington Street, Portland, Oregon 97205
Federal Tax ID#: 93-0909494
Status: 501(c)(3) nonprofit organization
Questions?
For more information about joining Literary Arts’ Legacy Society or to schedule a confidential consultation, please contact the Development Department at development@literary-arts.org.
THANK YOU to the members of Literary Arts’ Legacy Society who have made a phenomenal statement of support by naming Literary Arts in their estate plans to secure literature as a cornerstone of our future.
Anonymous
Carole Alexander
Jan Baross
C. B. Bernard
Betty Bradshaw*
Rick W. Comandich*
Ginnie Cooper & Rick Bauman
Joseph & Lydah DeBin
Jodi Delahunt Hubbell & Todd Hubbell
Barbara Engel*
Gale Family Trust
Nancy & Ronald P. Gronowski
Sara Guest
Susan Hammer*
Dorothy D. Hirsch*
Ursula* & Charles Le Guin
Ruth Metz
Katherine O’Neil & Toby Graff
Diane Ponti
Amy Prosenjak
Halle M. Sadle
Bob Scanlan
Joseph A. Soldati*
Dennis Steinman
Ann Stinson
Victor Trelawny
Renée Watson
Carl Wilson
Ben Wood
Tom & Marcia Wood
* Deceased
Already made a gift to Literary Arts in your will or estate plans? Let us know!
If you have already named Literary Arts as a beneficiary in your will or estate plans, please let us know. We would like to thank you and publicly recognize your support. By informing us of your planned gift, we can ensure that we fulfill your gift as you intended. Please complete the form below or contact Bethany Byrd-Hill, Director of Development, at bethany@literary-arts.org or 503-227-2583 ext. 115.