Explore Ways to Give

Gifts That Provide You Income

Gifts that pay income for life have many benefits including dependable income for you and your family, tax savings for you, and support for the Museum. Whether you are planning your own retirement, the educational expenses of children, or the care of loved ones life income gifts are an excellent way to achieve both personal and philanthropic goals.

  • Charitable Remainder Annuity Trusts (CRAT):
    Receive fixed payments and tax advantages for a specified period of time.
  • Charitable Remainder Unitrusts (CRT):
    Create a flexible source of income.

Gifts Through Your Estate

There are many ways to support the Museum's future that do not financially impact you and your family during your lifetime. While including the Museum in your estate plan is one way to leave a legacy, there are other options which can accomplish the same goal.

  • Bequests:
    Give to SBMA without affecting your cash flow during your lifetime.
  • Gifts of Retirement Plans:
    Your retirement plan may be worth more when donated to the Museum than to your heirs.
  • Gifts of Life Insurance:
    Give a policy you no longer need to the Museum.
  • Testamentary Life Income Gifts:
    One gift in your estate can benefit both your family and the Museum.

Other Types of Gifts

There are several additional options available to help meet your personal and philanthropic goals.

  • Charitable Lead Trusts:
    This option provides a way to pass appreciating assets on to family members while making gifts to the Museum in the interim.
  • Retained Life Estates:
    Receive a large deduction by donating a residence, while retaining the right to live there for life.
Santa Barbara Art Museum

Museum Hours

Tues - Sun 11 am - 5 pm
Thurs 11 am - 8 pm
Closed Mondays and holidays
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Santa Barbara Museum of Art
1130 State Street
Santa Barbara, CA 93101
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