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Building a Lasting Legacy
Throughout the Crocker's expansion campaign, it has been said "Great Cities Have Great Art Museums." Building that great art museum takes great leaders who possess the vision, determination and action to ensure the goal becomes reality. Read More
Hela Norman Establishes Charitable Remainder Trust
Hela Norman recently established a Charitable Remainder Trust, naming the Crocker Art Museum as the recipient. The proceeds from the trust, which will grow as paintings are sold, will likely one day total between $2,000,000 and $3,000,000. Read More
Planned Gift Reflects Couple's Passion for Works on Paper
Art is a long-time interest of Aj and Susana (Susi) Watson. They have been members of the Crocker Art Museum for more than 20 years, during which time they've made donations to various campaigns. Read More
Family Leaves Legacy Gift
The Crocker Art Museum recently received news that it has been named as the remainder beneficiary of a $1 million charitable remainder trust from the late Mr. and Mrs. Russell Graham of Walnut Grove, California. Read More
The Big Surprise: New Endowment Fund Honors Marcy and Mort Friedman
As a special tribute, the three sons of Marcy and Mort Friedman and their families presented an exceptional gift to their parents in honor of their recent 50th wedding anniversary. Read More
Estelle Saltzman Is Making a Cultural Impact Through Estate Planning
When news of the Crocker's upcoming expansion reached local resident, business owner and Museum Board member Estelle Saltzman, she knew she had to play a role. Read More
A Vision for the Future
In the 1880s, Sacramento residents Edwin B. and Margaret Crocker dreamed of creating an art museum devoted to the people of California. Read More
A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.
You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to the Crocker Art Museum as a lump sum.
You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to the Crocker Art Museum as a lump sum.