Planned Giving

Leaving a legacy

Thanks to Jennie E. Wustum, a woman ahead of her time, there is a flourishing art scene in Racine. Her gift helped create an internationally recognized art museum, in RAM, and one of the largest museum-based art education programs in the State, at Wustum.

In 1879, Jennie E. Stewart from Ames, Iowa married Charles A. Wustum from Racine, Wisconsin. Mrs. Wustum was a very hard working woman who rode horseback as she worked the dairy farm, as well as handling other business enterprises along with her husband. Following Charles' death in 1916, her letters over the years showed how much she missed him. In his memory, Jennie envisioned a museum of fine arts named for Charles.

Thirteen acres of farmland, her home and buildings were left in perpetuity to the City along with a trust to support the Charles A. Wustum Museum of Fine Arts.

Your estate plans

Including RAM and Wustum in your future estate plans will make a huge difference in sustaining the museums' financial security for the benefit of our children, grandchildren, and our community. After your loved ones are remembered, please consider leaving RAM a portion of your estate. Even five or ten percent will go a long way toward ensuring the museums' future while leaving your legacy in the community.

A will can include a gift of cash or property to RAM. Some charitable trusts provide you and a beneficiary with income during your lifetime. Afterwards, the remaining funds are transferred to RAM. A life estate allows you to "deed" your home or property to RAM, but continue using it as long as you live. You can make RAM a partial or full beneficiary of an existing life insurance policy or IRA, or take out a new policy naming RAM as a beneficiary.

Choosing a fund

Estate gifts can be designated into one or more of the following funds:

Operating - supports the day-to-day costs of sustaining RAM's facilities and programs. Unrestricted gifts to this fund are especially appreciated and are often the hardest to raise through traditional means.

Collections - supports the purchase of works of art and provides much needed funds to care for existing objects in RAM's collection.

Education - supports the continuation of RAM's mission-critical studio classes and free outreach programs that serve thousands of people of all ages.

Exhibition - supports RAM's world-class exhibitions featuring the display of priceless art works from RAM's collections and borrowed objects from across the US and beyond.

Endowment - funds remain intact, as principal, and the income earned is used to sustain and supplement donor interests. 

Gifts of any amount are gratefully welcomed. Gifts of $15,000 or more can be named in honor or memory of family or loved ones, and are recognized in a variety of ways via publications, exhibition labels, or wall signage.

The RAM Legacy Circle

The RAM Legacy Circle honors friends who have included RAM in their estate plans. With permission, we publish the names in RAM's Annual Contributors Report and on RAM's website. 

Your attorney or financial advisor is the best person to discuss long-term gift plans and tax advantages. However, if you have any questions or RAM is already designated in your estate plans, please contact Laura D'Amato, Director of Operations and Development, 262.898.1412 or email ldamato@ramart.org.