BEQUEST IN YOUR WILL You will want to use language such as "I give and bequeath to The Mathematical Association of America located at 1529 Eighteenth Street, N.W., Washington, D.C. 20036 an unrestricted gift of $xx,xxx"..., or you may wish to make a gift of some percentage of the remainder of your estate after all expenses are paid..."I give and bequeath to The Mathematical Association of America located at 1529 Eighteenth Street, N.W., Washington, D.C. 20036, for unrestricted purposes, 10% of the remainder of my estate after all appropriate expenses are paid."LIFE INSURANCE You may also want to consider a gift of life insurance. The MAA can be made the beneficiary of a life insurance policy which is no longer needed for its original purpose. The MAA can also be made one of the beneficiaries of an active policy. If you have a policy which pays annual dividends, you can assign those dividends as a charitable gift to the MAA and receive an income tax deduction for the value of the dividends. You may also transfer ownership of a policy to the MAA and then deduct any premiums which you continue to pay. Insurance policies can also be used for wealth replacement purposes when you make a substantial outright gift or a deferred gift. Check with your legal counsel or financial advisor.
CHARITABLE REMAINDER TRUST With the assistance of a lawyer, a donor may wish to establish a Charitable Remainder Trust which can provide income for life to the donor and beneficiaries and make a gift to the MAA upon death or termination of the trust.
ENDOWMENT If you would like to make a gift to endow a particular program or project, please contact:
Tina H. Straley, Executive Director
The Mathematical Association of America
1529 - 18th Street, NW, Washington, DC 20036
Telephone: 1-800-741-9415 or 202-387-5200.
The minimum gift to establish an endowment is $25,000.
You may request from the MAA the following brochures: (at no charge)
Better Estate Planning
How To Make A Will That Works
Charitable Remainder Trust
Personal Financial Affairs Record