We are proud to partner with FreeWill to provide free planned giving tools for our audience and supporters.
You can play a significant role in sustaining the future of the Hollywood Theatre by making a planned gift. Since 1926, the Hollywood Theatre has stood as a cultural resource, architectural treasure, and namesake for our community. Here, cinema is and has always been the ultimate art form - and we hope it always will be. As we look forward to the future, we're working with generous donors in our community to help us sustain our dynamic, historic movie palace for years to come.
By making a gift to the Hollywood Theatre in your will or trust, you'll help our historic theatre endure, safeguarding the celebration, study and preservation of cinema for future generations. We’ve recently partnered with FreeWill: a free online tool that guides you through the process of creating or updating a legally valid will, so you can start your legacy with the Hollywood in just 20 minutes.
Why FreeWill? FreeWill has helped more than 580,000 people complete this essential process for free, and it also makes it easy to support our mission through your plan. We wanted to offer one simple way to create a legacy with the Hollywood, at no cost to you.
If you have already made provisions for the Hollywood Theatre in your will, we invite you to let us know so that we may recognize you at the theatre, and invite you special events and performances throughout the year. We would welcome the opportunity to work with you and your estate planning professional. For more information, contact Christen Zatz-Gilman, CFRE, Senior Director, Development & Engagement, christen@hollywoodtheatre.org or 503-281-1142.
WAYS TO GIVE
Planned Gift Notification Form
You can honor the Hollywood Theatre in your estate planning in a variety of ways. Listed below are some of the most common arrangements.
Charitable Bequests
Your intent to make a bequest to the Hollywood Theatre can be made clear in your will or living trust using simple and clear language, upon consultation with your attorney. You can stipulate a gift of a specific dollar amount, a percentage of the value of your estate, or property such as stock.
Sample Bequest Language:
“I give, devise and bequeath to the Hollywood Theatre, a non-profit organization (Tax ID #93-1074861) with a principal business address of 4035 NE Sandy Blvd, Suite 212, Portland, OR 97212, for its general purposes, all [or state the fraction or percentage] of the rest, residue, and remainder of my estate, both real and personal.”
Qualified Charitable Distributions (QCDs)
Qualified Charitable Distributions (QCDs), also known as IRA Charitable Rollovers, are the savviest way for individuals age 70½ or older to use their IRAs to maximize their charitable impact. This generous, tax-wise gift will help you make the most of your legacy while supporting the Hollywood Theatre now.
Stock Gifts
Donating a charitable gift of stock or mutual fund shares is a great way to support the mission of the Hollywood Theatre and receive an end-of-the-year tax break. Stock or mutual fund donations are particularly attractive if they have increased in value since the beginning of this calendar year—you will receive a charitable deduction for the value of the donated shares, and you will not have to pay any capital gains tax on the increased value of the donated shares. We've partnered with FreeWill to make charitable giving with stock a breeze - click here to learn more!
Retirement Plans
IRAs, 401(k)s, 403(b)s, Keoghs, and other retirement plan assets make up an increasingly large part of many estates. When left to your heirs, these assets can be subject to income, estate, and other transfer taxes. Naming the Hollywood Theatre as a beneficiary of all or a percentage of your plan may reduce or eliminate these taxes.
Life Insurance
If you have a life insurance policy that has outlived its original purpose (e.g., to provide security to minor children), consider gifting this policy to the Hollywood Theatre. Gifting a life insurance policy can greatly reduce your taxable estate. Gifting a policy can also yield a current income tax deduction of the policy's fair market value, which can sometimes be significant. You may also simply name the Hollywood Theatre as a beneficiary of your policy.
Memorial Gifts
Many individuals request that survivors send charitable gifts in lieu of flowers. You can request that your friends and loved ones send such memorial gifts to the Hollywood Theatre, 4035 NE Sandy Blvd, Suite 212, Portland, OR 97212. Please ask them to indicate who is being honored, as well as who should be notified of the memorial gift.
Thank You for Considering a Planned Gift to the Hollywood Theatre!
The Hollywood Theatre is home to award-winning original film programming and exhibition with more than 400 screenings each year, serving approximately 195,000 patrons annually. We also own and operate Portland's iconic movie store Movie Madness, and a first-of-its-kind free microcinema at Portland International Airport, showcasing the work of Oregon filmmakers for audiences from around the world. Your planned gift will have a powerful impact on our innovative programs and historic building for years to come.
This information is intended to provide general guidelines about planned giving, including some of the potential financial benefits. It is not intended to provide specific advice about the legal or tax implications of charitable giving. Please be sure to contact your estate planning professional for information and advice to determine which planned gift is right for you.