Planned Giving

Leaving Your Legacy at Montserrat College of Art

Since 1970, philanthropic support has been vital to Montserrat College of Art’s continuity and growth. Some of Montserrat’s most meaningful contributions have been received through thoughtfully structured gifts, often referred to as planned gifts.

Planned gifts are your opportunity to secure Montserrat’s future while optimizing your personal financial health and tax planning. As you consider ways to support Montserrat, we invite you to explore making a planned gift.

No matter your capacity to give, you can make a lasting difference for our community.

What is Planned Giving?

As you create or refine a plan to provide for your family’s future, and as you think about the organizations you wish to support, we hope you consider including a gift to Montserrat College of Art in your estate.

Common Types of Planned Gifts

A planned gift can take the form of bequests, donations of life insurance proceeds, intellectual property, charitable remainder trusts, structured gift annuities, or gifts of assets like property or stock. They can be designated to a specific program or service you feel passionate about, used to set up a new endowment, support student scholarship, or provide unrestricted aid to the college.

Why Establish a Planned Gift?

Our planned gift could be the solution to the financial challenges many of our students face, and in some cases, it can also provide tax advantages or a reliable income stream to you, your spouse, or your family during their lifetime. It is testimony to your commitment to Montserrat’s mission and allows you to leave a legacy that will benefit the creative leaders of tomorrow. 

Benefits for the Donor:

• Cementing a philanthropic legacy at Montserrat College of Art
• Tax Deductions
• Supporting your passions for years to come

Are There Tax Benefits?

Including a charitable planned gift in your financial or estate plan affords you significant tax benefits and may increase the inheritance you leave to your heirs. Montserrat College of Art does not provide legal or tax advice. We recommend that you consult with your financial or tax advisors to find the arrangement that is right for your personal and philanthropic objectives.

What About Wills?

While there are many types of planned gifts, bequests are by far the most common. Please consider including Montserrat College of Art in your will. Click here for some suggested language that you may use to include Montserrat in your estate plans.

How Can I Learn More About Planned Giving?

Montserrat College of Art will be pleased to assist you in making a gift that is appropriate to your circumstances and in accordance with your wishes. Please contact Bernie Romanowski by email at [email protected] or by phone at (978) 921-4242 ext 1120 with any questions or to have a confidential conversation about your gift planning options.

What If I Have Already Named Montserrat in My Estate Plans?

Please let us know if you have already included Montserrat College of Art in your estate plan or if you are considering doing so. Click here to access our Estate Plan Intention Form.

We understand that planned giving is a personal, sensitive, and private decision. All conversations with Montserrat College of Art are confidential, and you may choose to remain anonymous when making a planned gift.

For planning purposes, Montserrat College’s EIN and business address are as follows:

• Legal Name: Montserrat College of Art 
• EIN: 52-1859814
• Address: 23 Essex Street, Beverly, MA 01915