Planned Giving

Your commitment to the Honolulu Museum of Art is important, and we invite you to strengthen that commitment by considering one of our planned giving opportunities. Planned gifts are the cornerstones that build our future, ensuring that the Honolulu Museum of Art continues to serve our island’s cultural needs for future generations.

Donors who include the museum in their estate plans are eligible to join the Anna Rice Cooke Society.

  • Bequests

    A bequest through your will or living trust is one of the most effective ways to provide for the future of the Honolulu Museum of Art. You may leave a gift of a specific dollar amount, a specific asset, or a percentage of your estate or residual estate.

      The most common way to make an estate gift is through a bequest in your will or living trust to benefit the Honolulu Museum of Art.

      To make a bequest to the Honolulu Museum of Art, you may need the following:

      Legal Name:  Honolulu Museum of Art
      Address:  900 S. Beretania Street, Honolulu, HI  96814
      Attn:  Planned Giving
      Main Phone Number:  808-532-8700
      Tax ID#:  99-0079713
      Nonprofit Status: 501(c)(3) not-for-profit corporation established in  Honolulu.

      This sample language may also be of assistance:
      “I give and bequeath to the Honolulu Museum of Art, 900 South Beretania Street, Honolulu, HI  96814, Attn:  Planned Giving [the sum of _________ dollars ($______)] [_____% of the rest, residue and remainder of my estate], to be used for its general charitable purposes.”

      Benefits

      Possible estate tax deduction
      Support for the Honolulu Museum of Art’s programs far into the future.

      We hope that you will let us know when you have named the Honolulu Museum of Art in your will or trust so that we may thank you and include you in our Anna Rice Cooke Society.

      For more information on how these gifts might work for you, please call Cara Mazzei at 808-532-8715 or email cmazzei@honolulumuseum.org.

      Planned Giving
      Honolulu Museum of Art
      900 S. Beretania Street
      Honolulu, HI  96814

     
  • Retirement Assets, Life Insurance

    One of the simplest and most tax-advantaged ways of making a gift to the Honolulu Museum of Art is to name it as a beneficiary of your retirement fund or life insurance policy.

      Retirement account assets, if left to anyone other than a spouse, may be subject to very high taxation. However, by designating the Honolulu Museum of Art as recipient of any benefits remaining in your retirement plan, you may effectively reduce the taxes on those assets. Gifting these accounts makes use of the full value of the assets.

      Life Insurance. Like retirement accounts, many people have life insurance policies with significant balances. In some cases, these assets total more than is needed for a comfortable retirement and could give rise to heavy estate taxes. In that case, it may be wise to consider using these funds to make charitable gifts nor or in the future.

      What are the benefits of donating my retirement assets or life insurance policy?

      - Reduced taxes upon death
      - Can be accomplished by filling out a simple form
      - Membership in the Anna Rice Cooke Society
      - You will provide for the future of the Honolulu Museum of Art

      How would I go about naming the Honolulu Museum of Art as a beneficiary of my retirement accounts or life insurance policy?

      The first step is to request a “change of beneficiary” form from your retirement plan. You can name the Honolulu Museum of Art as sole or partial beneficiary, or you can name us as a contingent beneficiary in case you are predeceased by your primary beneficiary.

      You will need to list us as the following on the form:
      Honolulu Museum of Art 
      900 S. Beretania Street
      Honolulu, HI  96814
      Tax ID#:  99-0079713

      With gifts involving any of these assets, there are many variables to consider. Please call the Planned Giving Program directly to discuss your particular situation.

      For more information on how these gifts might work for you, please call Cara Mazzei at 808-532-8715 or email cmazzei@honolulumuseum.org.

      Planned Giving, 
      Honolulu Museum of Art
      900 S. Beretania Street
      Honolulu, HI  96814

     
  • Real Estate

    With gifts involving any of these assets, there are many variables to consider.

      You can enjoy the satisfaction of making such a gift during your lifetime—without affecting your current lifestyle—by a special arrangement called a retained life estate.

      Real estate can also be a valuable asset when used to fund either a charitable remainder trust or a charitable lead trust. 

      With gifts involving any of these assets, there are many variables to consider. Please call the Planned Giving Program directly to discuss your particular situation. 

      For more information on how these gifts might work for you, please call Cara Mazzei at 808-532-8715 or email cmazzei@honolulumuseum.org.

      Planned Giving, 
      Honolulu Museum of Art
      900 S. Beretania Street
      Honolulu, HI  96814

     

For more information

To learn more about how these gifts might work for you, please contact Cara Mazzei at 808-532-8715 or email cmazzei@honolulumuseum.org.