Giving Opportunities at RMSC
The Rochester Museum & Science Center is a valuable community resource, with our three-floor Science Museum, iconic Strasenburgh Planetarium and picturesque Cumming Nature Center. Your gift ensures that we can continue to offer the Rochester community the best that these three locations have to offer. Join our mission to stimulate an interest and understanding of science and technology locally with an online donation today.
Donate by Phone or Mail
Make a tax-deductible donation to the RMSC by phone or mail:
- Phone: Call Lindsay Recktenwald, Annual Giving Manager, at 585.697.1938
- Mail: Make check payable to “Rochester Museum & Science Center” and send it to:
Rochester Museum & Science Center
Office for Advancement
657 East Avenue
Rochester, NY 14607
Honor and Memorial Gifts
You can honor a loved one with a gift to the RMSC. It’s easy to commemorate the memory of a cherished family member or friend or celebrate a special occasion in this unique way. Your gift to the RMSC will help provide lifelong learning opportunities to everyone in our community who visits.
We will send a letter describing your thoughtful generosity to the family member(s) of your loved one or to the honoree without revealing the amount of your contribution.
To make an honor or memorial gift, or to discuss personalized commemorative gift options, contact Lindsay Recktenwald, Annual Giving Manager, at 585.697.1938.
Create your legacy and help light the path to a solid future by supporting the RMSC through planned giving.
Through your will, you are able to leave a gift to the RMSC. It’s easier than you might think. You may make a bequest of a specific cash amount or a percentage of your estate to the RMSC. It is possible to list a specific designation or program for your bequest; however, we suggest that you designate your bequest for general operating support to be responsive to the RMSC’s priority needs, as they evolve over time.
Sample Bequest Language
I give ( ___% of my estate, or $___ or specific property) to the Rochester Museum & Science Center, a not-for-profit museum located at 657 East Avenue, Rochester, NY 14607 to be used for general operating support (or insert specific designation or program).
Charitable Gift Annuity
A Charitable Gift Annuity (CGA) enables you to make a contribution of cash or securities and receive guaranteed fixed annual income for life. Annuity rates are determined by the age of the beneficiary or beneficiaries.
These rates are generally higher than prevailing CD rates and offer more stability than stocks. In addition to income, charitable gift annuities offer immediate and long-term tax benefits. When you contribute assets to create your CGA, a significant portion is tax-deductible immediately. For gifts of appreciated securities, you will also enjoy favorable capital gains tax treatment.
Charitable Remainder Trust
A Charitable Remainder Trust (CRT) is ideal for an individual with assets that have appreciated in value and would be subject to significant tax liability when liquidated. If you establish a CRT, you may contribute assets without incurring capital gains tax. You may receive an immediate tax deduction on a significant portion of your contribution, and you or your designee will receive payments from the trust for life or for a specified number of years. At the end of this period, the remaining balance in the trust will be given to the RMSC.
If you no longer depend on your retirement funds to assure your financial security, you may want to use these assets to make a legacy gift. Since IRAs and pensions are often the most heavily taxed assets in an estate, they are ideal for creating a planned gift. The procedure requires you to obtain a “Change of Beneficiary” form from your retirement administrator, and name the RMSC as the full or partial beneficiary.
If you are over the age of 60 and no longer need a paid-up life insurance policy, it can be donated to the RMSC by naming the Museum as the irrevocable owner and beneficiary of the policy. Contact your insurance company for its change of beneficiary form for the life insurance policy. Decide what percentage of the policy’s value (1–100%) you would like us to receive and name us, along with the stated percentage, on the beneficiary form. Then, return the form to your insurance company.
Gifts of Real Estate
You can make a gift of your home or secondary residence but retain the use of the property for as long as you and your spouse (if applicable) live. This makes it possible for you to give a larger gift than your resources might otherwise permit. You continue to take care of the property, pay the taxes, the insurance and other homeowner expenses. However, since you have made a gift of the property by deed, you will receive an income tax deduction for the present value of the remainder interest without an outlay of any cash. Contact your legal or tax advisor for an explanation of any restrictions. The administrative offices of the RMSC are housed in the Cunningham House, a generous gift from Kathleen Cunningham in 1969. This gift enabled the RMSC to preserve the historically significant Rochester home while using it on a daily basis.
When creating any estate gift for the RMSC, we encourage you to speak with your legal and financial advisors.
Investing in Future Generations
The Bausch Society recognizes and honors those who have graciously provided for the RMSC by including the Museum in their estate planning. Planned giving helps to ensure our community’s museum continues to inspire, educate and entertain visitors for generations to come through your investment in the future.
As a Bausch Society member, you will enjoy:
- Invitations to exclusive donor events and exhibit openings
- Recognition in the Museum and donor newsletter (with permission)
The Bausch family has been an integral part of Rochester’s history. Edward Bausch offered his East Avenue home and grounds for a new museum in 1939. In the four-floor Bausch building are housed some of our greatest collections and our finest exhibition experiences. On the grounds of his home now stands the Strasenburgh Planetarium. We are proud of the legacy of Edward Bausch and delighted to use the name to identify this very important future for the RMSC.