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© The Stelter Company | The information in this publication is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Office of Gift Planning 1000 Jefferson Drive, SW, 4th Floor PO Box 37012 MRC 035 Washington, DC 20013-7012 888-419-7584 Legal Name: Smithsonian Institution Tax ID: #53-0206027 Top left to right: JJ van Haelewyn, Scott Robinson, Dana Kaufman Bottom left to right: Melissa Moore, Rachel Eichhorn, Kay Tuttle We Can Help We would love to work with you to help you create a lasting legacy that honors your values for many years to come. Please contact us today to learn more about establishing an endowment with the Smithsonian. Jeff wants to support our annual needs throughout his lifetime by writing a check for $5,000 to the Smithsonian each year. His gift qualifies him for a $5,000 federal income tax charitable deduction (when he itemizes on his taxes) each year he makes the donation. Jeff would also like to extend his support after his lifetime. He consults with staff on the purpose and makes a generous bequest in his will of $100,000 to the Smithsonian to establish a new endowment*. After Jeff's lifetime, the annual payout from the endowment funds the programs he selected. The endowment will provide perpetual funding by yielding an annual spendable payout. The original gift and any income or appreciation in excess of the spendable payout is continuously invested, allowing the endowment to grow and continue supporting Smithsonian programs indefinitely. Jeff is able to support our current needs during his lifetime with his annual gifts, and the establishment of his endowment ensures his support continues indefinitely after his lifetime. A CASE STUDY * Under current policy, Smithsonian endowments may be established with gifts of $50,000 or more. This policy is subject to change.

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