Skip to Content

Dirk Brown Supports the Carlos Museum in His Estate Plans

Dirk BrownIn elementary school, Dirk Brown 90MBA loved D'Aulaires' Book of Greek Myths. The stories of gods, heroes, and monsters were irresistible, and they began for him a lifelong relationship with art history. Today he is on the board of Emory's Michael C. Carlos Museum and has included the museum in his estate plans. His gift will provide unrestricted funding to support the greatest priorities in the future.

"I don't know what the museum will need when my planned gift is realized, so I decided to make it unrestricted. I want the staff to use it to meet the needs of the museum at that point in time. They will know what's best," he says.

Brown majored in classics in college and expected to become a professor. During an internship at a small museum in Savannah, he discovered that the preferred qualifications for the vacant director's position included an MBA. He enrolled in Emory's Goizueta Business School, fell in love with technology, and today is vice president of product management for an Atlanta software company.

He first encountered the Carlos Museum after answering an ad in the volunteer section of Creative Loafing when he was 25. The museum was seeking docents, and he joined the group. "The museum was tiny then. It was like a little jewel box with these incredible pieces in it," he remembers.

Brown served as a docent for nearly 10 years and has maintained his close relationship with the Carlos by making annual gifts, co-chairing the board, and helping plan Bacchanal, one of the museum's past fundraising events.

"I love the collections and the variety of the objects, but what is most incredible is the way the Carlos applies these collections in the best educational programs," he says. "The museum brings to life why these objects are important, what they tell us about who we are, and what lessons can we learn from them."

Estate gifts like Brown's can enable donors to make significant gifts without diminishing needed income, and some even provide financial benefits. To learn more, call 404.727.8875 to speak with someone in Emory's Office of Gift Planning.

eBrochure Request Form

Please provide the following information to view the brochure.

A charitable bequest is one or two sentences in your will or living trust that leave to Emory University a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to Emory University, a nonprofit corporation currently located at Atlanta, GA, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Emory or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate, or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Emory as a lump sum.

You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Emory as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Emory where you agree to make a gift to Emory and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.