Bequests

The Guggenheim Foundation appreciates the generosity of those who support its mission of giving the best minds in all fields the freedom to follow their creative passions, whether in the arts, sciences, or humanities. Bequests are one means for forward-thinking donors to help ensure that our Fellowship program will continue to flourish.

A bequest may be arranged either when you create a will or by asking your lawyer to prepare a simple codicil to be added to your existing will. Although you may restrict the bequest to Fellowships in a particular field (e.g., chemistry or sculpture) or geographic region (Canada or the United States), we ask that you add a proviso giving the Trustees of the Foundation the authority to use the bequest for the Foundation’s general purposes if such a restriction proves impractical. The Foundation would appreciate your providing a copy of the text of your bequest for our files.

Alternatives to a specific cash bequest include marketable securities or a percentage of the estate after payment of taxes, expenses, and other specified bequests. Other options include listing the Foundation as a beneficiary of a life insurance policy or pension. In some states, you may include the Foundation as the beneficiary of a certificate of deposit or savings account; you may do this at no cost simply by completing the appropriate forms at your bank or personnel office. Please consult with your financial advisor to determine which options are available in your state.

We are happy to help you and your adviser with any planned bequests. Please contact us with any questions you may have. All inquiries are held in the strictest confidence.

The following information is provided to assist you and your attorney or advisor in drafting a bequest or trust document. You may wish to consider the following text:

I hereby give, devise, and bequeath the John Simon Guggenheim Memorial Foundation the sum of $_____, to further the Foundation’s objectives and purposes.

The Foundation is a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code. Its name and address should be listed as follows:

John Simon Guggenheim Memorial Foundation
90 Park Avenue
New York, NY 10016