Planned Giving

A gift of a bequest can be in the form of cash, appreciated assets, retirement accounts, or life insurance, and it may offer tax benefits to your estate and to your heirs. It can be made as a percentage of your estate or as a designated amount. You may establish a bequest in a newly prepared will or a codicil to an existing will, or a trust. On a case by case basis, gifts of property may be accepted by PCM.

If you would like sample bequest language to help you and your attorney in drafting your bequest, please contact Melissa Froehlich, Director of Development, at 626.683.3355 or mfroehlich@pasadenaconservatory.org.

You can designate PCM as a full or partial beneficiary of your life Insurance policy. Contact your insurance carrier to complete and return the form designating PCM as a beneficiary of your policy.

You can also designate PCM as the beneficiary of your retirement assets, allowing you to transfer these assets at your death without changing your will or living trust. If this method of giving is of interest, you can request and return a new beneficiary designation form from your IRA administrator.

PCM has partnered with the Pasadena Community Foundation, which is licensed to offer CGAs benefiting PCM and other local charities. When you establish a CGA through the Pasadena Community Foundation, you are making a generous gift to PCM while providing a secure, fixed income for life (based on age) for yourself, you and a loved one, or another person.

You will also receive an income tax charitable contribution deduction, lowering your overall income tax liability. When you fund your CGA through appreciated stock, you will avoid the capital gains tax that would be incurred if you sold the stock directly.

For more information about establishing a CGA benefiting PCM, call us at 626.683.3355. You can also read more information by downloading this flyer.

Your bank can provide you with a beneficiary designation form, allowing you to leave all or a portion of what remains in a checking or savings account.

You can instruct your investment company to transfer some or all investments held in the account to PCM, at the time of your passing. Please contact your broker or agent on how to proceed.