Planned Giving
Legacy gifts help ensure that great Irish poetry continues to make a positive impact on the lives of future generations.
Including a gift in your Will for Poetry Ireland is an incredible way to generously support the future of Irish poetry. Legacy gifts act as a stabilising force for Poetry Ireland, allowing us to plan for the future and supporting us as we grow and expand our reach. Your gift will help us to continue to deliver many of Poetry Ireland’s ongoing programmes as well as to continue to innovate and develop new programmes. Your gift will be a lasting legacy – connecting poetry and people for generations to come.
If you would like to remember us in your Will, there are a number of options which can be tailored to your specific needs:
Pecuniary Gift
The simplest form of legacy, it allows you to leave a specific sum of money to Poetry Ireland. The gift can be a defined figure that does not change with time, or you may instruct your trustees to take account of the impact of inflation.
Gift of an Asset
This type of donation is in relation to physical property. which is deemed to be at the price originally paid, creating no tax liability for the donor. However, the value to Poetry Ireland would be the market value of the property. Poetry Ireland may even sell the property without tax liability as long as any proceeds are used for the approved charitable purposes of the organisation.
Residuary Legacy
This relates to leaving Poetry Ireland a gift of the residue (or a share of the residue) of the estate. Residue is whatever is left after all debts, funeral expenses, certain other costs and tax and any other legacies have been deducted.
Reversionary Legacy
Enabling you to pass your estate, or specific assets of your estate, to named individuals who will benefit throughout their lifetime. Following their deaths all, or some, of the estate is then passed to the beneficiaries as specified in the reversionary legacy.
What are the next steps?
Including Poetry Ireland in your Will is a life decision, with which we want you to feel entirely comfortable. Our Commitment of Discretion to you is: We will always respect your privacy and we recognise that your Will is personal and confidential, and we will handle your gift with sensitivity and respect. We understand that your family and loved ones always come first.
If you are considering a legacy gift, we would be delighted to discuss this with you in the strictest confidence. Legacy gifts at all levels can be appropriately recognised, in line with the wishes of the individual donor.
Please contact us at info@poetryireland.ie