...the center of cultural life in Hartford...

RETIREMENT ASSETS

“The Bushnell is the center of cultural life in Hartford. We have a deep belief in the role it plays in our community and especially in the lives of young people throughout our region. Through its education programs, The Bushnell is positively affecting the academic experience of children today and helping to build our future leaders, citizens and arts audiences. We are members of the Legacy Society so that the many students who are part of The Bushnell’s education programs now can bring their own children – and grandchildren – here in the future.”
-Bob and Frankie Goldfarb

It’s easy to make a legacy gift to The Bushnell by using a qualified retirement plan like a 401(K), 403(B) or Individual Retirement Account (IRA), among others. To do so, you simply need to complete a beneficiary designation form on which you designate by percentage how you would like the fund balance in your plan distributed. Your retirement plan administrator can provide you with this form.

Using a retirement plan to make a legacy gift is smart, too. Assets in these plans can potentially be taxed twice – through both income and estate taxes -- when left to non-charitable beneficiaries. A gift of retirement plan assets to The Bushnell is tax-free – 100% of your intended gift comes to The Bushnell and may reduce the estate tax burden on your heirs.

If you have already designated The Bushnell as a beneficiary of a retirement plan, please let us know…and thanks! For more information or to speak with us in confidence about making a legacy gift using a retirement plan, please contact us directly.

When creating any estate gift for The Bushnell, we encourage you to speak with your legal and financial advisors.

Did you know...

The IRA Charitable Rollover provision, for individuals who are 70 1/2 or older, has been made permanent and is retroactive for 2015! To make a charitable gift from your IRA:

  1. send a letter to your IRA administrator requesting a charitable distribution be sent directly to The Bushnell; copy The Bushnell on this letter so that we may identify your gift when it arrives.
  2. Provide your IRA administrator with The Bushnell's tax ID number: 06-0662112, and legal name and address: Horace Bushnell Memorial Hall Corporation, 166 Capitol Avenue, Hartford, CT 06106