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Planned Giving

Leaving Your Legacy at Montserrat College of Art

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

Planned gifts are your opportunity to contribute to Montserrat’s exciting future while optimizing your personal financial health and tax planning. 

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

What is Planned Giving?

Planned giving refers to arranging a future charitable gift to Montserrat College of Art through financial or estate plans such as wills, trusts, or designated assets.

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?

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. Your planned gift could be the solution to the financial challenges many of our students face, it could help us build new buildings, 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.

Benefits for the Donor:

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

Are There Tax Benefits?

Yes. 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, so we encourage you to consult with your financial or tax advisors to find the arrangement that is right for your personal and philanthropic objectives.

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, Director of Major Giving, at [email protected] or (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

Click here for some suggested language that you may use to include Montserrat in your estate plans.


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