The Aldrich Contemporary Art Museum

When Larry Aldrich passed away in 2001, he left funds to ensure that the Museum he founded would continue to exist as a vibrant space for contemporary art. While Mr. Aldrich’s largesse is essential to the Museum’s operations, The Aldrich needs the generous support of a broad community of donors to continue this work.

Making a planned gift is a wonderful way to join Mr. Aldrich in supporting the Museum and its mission while accommodating your own personal, financial, estate-planning, and philanthropic goals. While cash donations provide crucial immediate support to the Museum, planned gifts can provide creative and flexible options that can benefit you and the Museum. When you include The Aldrich in your estate plans, your thoughtful gift can support the Museum for years to come.

Planned giving can be as simple as including a bequest provision in your will or naming The Aldrich as a beneficiary of your retirement plan or life insurance policy.

Your gift, no matter the size, will help ensure that coming generations will enjoy the arts and programming at The Aldrich that you value today. Through planned giving you can support the area of the Museum that means the most to you—whether it’s exhibitions, public programs, education, or an unrestricted gift to help grow the Museum’s endowment fund.

The Aldrich Contemporary Art Museum, Inc. is a nonprofit, 501(c)(3) charitable organization that provides a full range of contemporary art exhibitions and art education programs. Outright bequests are fully tax-deductible for estate-tax purposes. Our summary below is designed to give you general information about the various ways of making a planned gift to The Aldrich, including some of the potential financial benefits. It is not intended to provide specific advice about the legal or tax implications of charitable giving. Before planning a gift to The Aldrich, you should consult with your financial, tax, and legal advisors for a thorough analysis of your individual situation and the tax consequences and to decide which of these ways of giving might work best for you.

To explore planned giving options further, including sample language to include in your will or trust, please contact Cybele Maylone, Executive Director, at cmaylone@thealdrich.org, or 203.438.4519, extension 116.

Bequests can be made in the form of cash, securities, art, or other property.

A charitable remainder unitrust is an irrevocable trust that pays a fixed percentage of the value of its holdings each year to a beneficiary. Assets in such trusts can be distributed to charities named in the trust.

A charitable lead unitrust is an irrevocable trust in which the assets are transferred to a trust set up to pay a fixed percentage of its assets to the charity named in the trust.

Gifts of life insurance or other retirement plan assets

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Please note that while The Aldrich is appreciative of any gift, we currently cannot accept gifts of real property or art for the Museum’s use or inclusion in our exhibits. Gifts of real property or art may be accepted on a case-by-case basis, provided that the donor intends for the devised or bequeathed property to be sold to generate liquid assets for The Aldrich’s general use and purposes.

Legal Name: The Aldrich Contemporary Art Museum, Inc.

Address: 258 Main Street

Ridgefield, CT 06877

Tax ID: 06-6069965