Walker Art Center | Planned Giving

Planned gifts ensure that artistic excellence, from new work to new scholarship, will continually be upheld at the Walker Art Center. By planning a future gift, you make a crucial difference in upholding a sound foundation for the future growth and vitality of the Walker.

The Legacy Circle

Ways to Leave a Planned Gift

Legacy Stories

Information on the Walker

The Legacy Circle

The Legacy Circle honors those who have remembered the Walker Art Center in their estate plans. In addition to the potential tax deductions, Legacy Circle members enjoy special benefits, such as invitations to exhibition tours and lunches at the Walker several times a year as well as recognition in Walker publications and on-site (if desired).

We invite you to join the Legacy Circle and be a part of sustaining the Walker’s financial foundation for generations to come. For more information on ways to make a meaningful impact with a planned gift, contact Michelle Poss at 612-375-5838 or michelle.poss@walkerart.org. If you have already made this commitment and are ready to notify the Walker, please complete the Confirmation form to join the Legacy Circle today.

Legacy Circle Confirmation Form

Ways to Leave a Planned Gift

Bequests

Include a gift to the Walker in your will or revocable trust. You can choose a specific dollar amount or percentage of your estate, and the gift can consist of cash, stock, bonds, or other property. The Walker can also be named as a contingent beneficiary and receive your estate when you have no other beneficiaries. Testamentary gifts like this typically qualify for an estate-tax charitable deduction. Sample language for your will or trust agreement is available upon request.

Retirement Plans and IRAs

Designating the Walker to receive a portion of or all your retirement assets can provide an important gift at considerable tax savings. Upon death, beneficiaries (other than a spouse or charity) may pay tax on gifts of retirement benefits. These assets are non-probate assets or exist outside of establishing a will.

Life Insurance Policies

Naming the Walker as a beneficiary of your life insurance policy will provide the Walker with substantial resources and is revocable should your family’s needs change. Life insurance policies are non-probate assets or exist outside of establishing a will. You can also purchase a new policy to benefit the Walker.

Life Income Plans

Life income plans enable you and/or another designated beneficiary to receive income throughout your/their lifetime. These types of planned gifts allow you to obtain an income-tax deduction, reduce your estate taxes, and protect your financial security while making a charitable gift to the Walker. These tools can also be structured to provide benefits for a spouse or children.

Donor Advised Funds

You can create a lasting legacy by naming your loved ones as a successor to your Donor Advised Fund (DAF) to continue to recommend grants to the Walker or name the Walker as a beneficiary to receive all or part of the fund after your lifetime.

Gifts of Art

Assure the continued appreciation of beloved works by designating a part, or the entirety, of your collection. The Walker’s collection

holds more than 16,000 works, including

paintings, sculptures, photographs, and prints as well as video installations, films, artists’ books, digital artworks, and objects in many other forms. Each year the museum’s collection grows through purchases and gifts. If you are considering donating a work of art to the Walker, please contact us first with details about your proposed gift as all works undergo rigorous review to determine whether they are appropriate additions to the collection.