Consider a Bequest to Wharton

A Bequest or other planned gift is a wonderful way to leave a legacy, and help the Wharton Institute for the Performing Arts sustain its mission well into the future.

Why should I consider a Bequest or other planned gift?

Estate planning provides an opportunity to meet your philanthropic, personal and financial goals.  When you include the Wharton Institute for the Performing Arts in your will, you express your belief in our mission through a very special and important form of financial support. Your gift will make a lasting impact and help us meet our goal to continue serving our community for years to come.

PMP 2

How do I make a Bequest?

  • The simplest and most common way to make a planned gift is to remember Wharton with a bequest in your will. This can be a gift of a specific sum of money or a fraction of your estate, and can be made either upon your death or upon the death of your spouse.
  • Planned gifts can also be made through beneficiary designations on your retirement accounts or life insurance policies. Additionally, you can work with your advisors – attorney, accountant or investment consultant – to explore some of the more sophisticated estate planning options and planned giving tools that would serve you best.

Sample Bequest Language

Specific Bequests:

“I give, devise, and bequest to the Wharton Institute for the Performing Arts, a non-profit organization, with its principal offices located in Berkeley Heights, New Jersey, the sum of $_____ ( % of my residuary estate) to be used at the discretion of its governing body.

Estate plans should be prepared by and with the advice of an attorney to ensure that your intentions are carried out according to your wishes. This sample language should be written or adapted by your attorney to fit your individual needs.

Our development staff is available to speak with donors, attorneys, trust officers and others who require additional information or sample language for wills and trusts. If you do not have an estate attorney, we can help you identify one.

Cover Option 3

Additional information for your attorney:

Legal Name: Wharton Institute for the Preforming Arts

Address: 60 Locust Avenue, Berkeley Heights, NJ  07922

Tax ID#: 22-2609457 , the Wharton Institute for the Performing Arts is a 501(c)(3) tax exempt, non-profit organization.

How will my gift be used?

  • Your planned gift gives you an opportunity to make a gift that advances our mission in a way that is meaningful to you. You can choose to leave your gift to be used as it is most needed by the organization, or you may designate your gift for a specific use. We are happy to consult with you about how you can structure your gift to meet your needs as well as the future needs of the Wharton Institute for the Preforming Arts .

Please let us know if you have included the Wharton Institute for the Preforming Arts in your estate plans so that we can properly acknowledge your planned gift.

4

For more information or to find out more about making a planned gift to the Wharton Institute for the Preforming Arts, please contact Pam Palumbo, Director of Development  at (908) 790-0700 ext. 13 or by email, pamela.palumbo@whartonarts.org.