Bequests

A bequest is probably the easiest and most meaningful way to provide for Pacific Northwest Ballet's future. A bequest is a gift made through your will or living trust. Your estate is entitled to an estate tax deduction for the full value of a bequest. A bequest is revocable, meaning that you retain full control over your assets should your circumstances change sometime in the future. And it's flexible—you can name as many charitable beneficiaries as you would like, and specify the amount or percentage each will receive.

A general or pecuniary bequest leaves a certain dollar amount.
A specific bequest leaves a piece of property, such as stock or real estate.
A residual bequest leaves all or a portion of what remains from an estate after debts, taxes, expenses and other bequests has been paid.
A contingent bequest leaves assets only under certain conditions—if a spouse or other beneficiary does not survive you, for example.

You may choose to designate your gift for current use, so that your gift can be used for pressing needs at the time it is received, or you may direct it to the PNB Endowment, where principal is preserved and only income is spent. With a gift to endowment you ensure that your annual support continues in perpetuity, for the benefit of future generations. Either way, you truly create a living legacy at Pacific Northwest Ballet.

For more information about including PNB in your will or living trust or if you have already provided for Pacific Northwest Ballet in your estate plans, please contact Lilah Ostmann, Major Gifts Officer, at 206.441.3594 or LOstmann@pnb.org.

Click here for sample bequest language

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