Choosing the organization to which you designate a legacy gift is an important decision. A bequest to HPAT will ensure that community programming will be available for future generations. In your gift planning, consider a contribution of appreciated securities that you've held for more than one year. Gifts of stock, bonds or other securities to HPAT enable you to bypass the capital gains tax, and claim the full market value of the security as an income tax deduction while supporting a community institution that brings the people of Hibbing together.
Endowment funds contribute to the annual operating budget forever.