1540 Wilborn Avenue
Phone: (434) 572-9200
Fax: (434) 572-8996
sbhcm1@centurylink.net

 

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Mailing Address:

South Boston-Halifax County Museum of Fine Arts and History
P.O. Box 383
South Boston, Virginia 24592

 

Executive Director: Beth Redd

Board President: Paul Smith
Vice President: Linda Mercer
Treasurer: Jane Jones
Secretary: Louise Sheppard
Frank Lee
Frank Slayton
Harold Crowder
Helen Miller
James Sheppard
Jean Hunter
Joe Satterfield
Francis Satterfield
John Bosiger
Kitty Shortt
Les Powell
Linda Maitland
Martha Coates
Mike Geisinger
Ryland Harris
Shirely McCaleb
Shirla Hudson
Shirely Archer
T.C. Leggett
Tomoko Gillespie

 

Museum Hours

Wednesday - Saturday 10 a.m. - 4 p.m.
Closed Easter, Thanksgiving, Christmas, and New Years Day

Meeting Room

 

Endowment Fund - Passing on a Legacy

Planning for Tomorrow

To stand the test of time, every non-profit charitable organization must meet a vital need and have an ongoing commitment of support from the community that supports its mission. Historically, inflation and program growth gradually increase the budget of most organizations and we anticipate this will be true for the South Boston-Halifax County Museum of Fine Arts and History. That is why we must plan today to ensure a perpetual future for our museum and its important mission.

While our museum is in the early stages of growth, it is time to begin putting into place a foundation that will be our legacy to meet the needs of future generations. It is time to begin an Endowment Fund- a permanent fund with the principal invested to produce income to support the operating needs of the museum.

Planning Your Will

We encourage our supporters to consider including the South Boston-Halifax County Museum of Fine Arts and History as a beneficiary in their wills. It is a special way to allow your interest to live on and to help the museum build a meaningful endowment fund. Many people choose making a bequest to an endowment fund as a way of making sure their annual giving to the museum continues following their deaths. Sometimes, it is possible to make a charitable gift in your will that you could not make during your lifetime.

A bequest can be designated for a specific use or project. It is also a very special way to provide a perpetual memorial for a family member.

Preparing Your Will

There are several ways to include the museum in your will. You can make a specified bequest that designates a specific amount of money, securities or other assets (personal or real estate). You can make a residuary bequest by designating that the remainder of your estate goes to the museum after all other bequests have been distributed. You can designate that a percentage of your total estate or a percentage of the residue of your estate goes to the museum. You can also make a contingent bequest that takes effect only in the event that some other designated bequest in your will does not happen (e.g., a beneficiary in your will dies before you do). However you decide to include the museum in your estate plan, specific reference should be made to the museum's full name - South Boston-Halifax County Museum of Fine Arts and History.

Unfortunately, many people do not have a will. Statistics show that seven out of ten Americans do not have a valid will. This means the life savings and assets accumulated by seventy percent of the people in our country will be distributed in accordance with state laws not necessarily in keeping with their wishes. The museum does not provide any legal advice; however, it strongly encourages every individual to have a valid and up-to-date will.

Why Support the Museum

Your museum is a valuable asset in our community. Its mission is an important legacy for future generations. Most of us like to think that we have made a contribution to our world that leaves it a better place because we cared enough to share our time, talents, and resources with others. The museum offers a way for you to provide just such a legacy for our children, grandchildren, and all future generations. The museum, operated by a volunteer Board of Directors elected by its members, has demonstrated a philosophy of good stewardship and conservative fiscal policy. Its goal is to make sure that every dollar generates the maximum community services. The museum is committed to a free admission policy so that everyone can visit as often as he or she wishes. As a non-profit organization, the museum is totally dependent upon voluntary contributions for opening and development funding.

The museum serves as the depository for some of the community's most valuable and important historical artifacts and documents. It must have a secure financial foundation and strong leadership that will stand the test of time. The archives of our museum will be a valuable resource for future research and understanding of the past culture and history of our area. We are truly obligated to future generations. We cannot fail to keep the trust that was passed on to us by our ancestors.

This information should not be considered legal advice. We recommend that all gift considerations be made with the advice and consultation of legal and professional advisors.