Albert Einstein Society
Making a Planned Gift to the Connecticut Science Center
You can help ensure the future of the Connecticut Science Center by making a planned gift through your will or bequest. Named for Time Magazine’s Person of the 20th Century and arguably the greatest scientist of our time, the Albert Einstein Society ensures the long-term sustainability of the Science Center. You can do the same, while also providing financial and tax benefits for yourself and your family. Here are five ways you can make a difference through a planned gift:
1. Direct bequest
An unrestricted gift allows the Science Center to apply funds to our most pressing needs. Simply bequeath to us in your will a specific sum of money or other asset. Our Board of Trustees will determine how your gift can best help the Science Center and those it serves.
2. Percentage or residue
You may choose to leave the Science Center a percentage of your estate or the “rest, residue and remainder” of your estate after all other bequests, debts and taxes have been paid. A percentage will compensate for any changes in the value of your estate over time.
3. Charitable Lead Trusts
Income from these trusts would flow to the Science Center for a designated period of time (typically 10 – 20 years or more). At the end of that time, the assets would be returned to you, your heirs, or any other persons designated. In this manner, you can direct a sizeable amount of annual income for the Science Center while guaranteeing that your heirs will ultimately benefit from the asset.
4. Charitable Remainder Trusts
Under this trust, you (or your beneficiary) receives the trust income during your lifetime, after which, the Science Center receives the residual of the trust assets.
5. Memorial fund
You can establish a permanent memorial fund in your name or that of another person, with the income to be used as you direct. The principal will be invested and will continue to provide support to the organization in perpetuity.
Like all financial decisions, you should first consult your attorney or financial advisor. The Science Center’s development department would be pleased to discuss with you, as well as members of your family and your advisors, the various options for achieving your philanthropic goals. If you would like personal assistance in learning how planned gifts can meet your charitable and personal goals, and help the Science Center fulfill and perpetuate its educational mission, please contact: