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Betty Babendure: Giving Today to Teach Tomorrow

Betty Babendure

Former educator Betty Babendure is a loyal Museum volunteer who recently updated her will to designate a portion of her estate to Holocaust Museum Houston.

If you see Betty Babendure at Holocaust Museum Houston, chances are that you will find her in her natural habitat: surrounded by school children. For the past two years, this former kindergarten teacher of 31 years has guided weekly tours of the Museum for children, tweens and teens. Betty's mission is to find engaging, ageappropriate ways to relate the history and lessons of the Holocaust and other genocides — events that are still incomprehensible to many adults — to younger generations.

Even though Betty first visited the Museum only a few years ago, she was moved to make a legacy commitment. Betty was inspired to share more than her gift for teaching with the Museum. When she recently updated her will, she designated a portion of her estate to Holocaust Museum Houston.

Betty was inspired by her fellow volunteers — people of all faiths who have come together to educate the next generation on the dangers of hatred, apathy and prejudice — and counts the diversity of the volunteer corps, staff, visitors and exhibits as one of the most special aspects of the Museum. "I'm in such awe of all that these volunteers have done and I wanted to give something. I haven't given a lot of thought to my legacy. I just made the change to my will, told my kids that this organization is important to me, and it was done," she says.

Betty goes on to explain, "It was a simple thing to do. When you give so much to an organization and you want it to go on in perpetuity, then you want to do something that will make a difference. This place has meaning. The survivors who are still telling their stories won't be around long to share their experiences themselves. Their stories have to be told so these tragedies don't keep happening."

Betty's gift will help ensure that the Museum's lessons will be taught to generations of school children well into the future.

Your gift can help us tell the story of the Holocaust for years to come. Contact Stephanie Dugan, CAP® at 713-527-1629 or to learn more about your giving options.

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A charitable bequest is one or two sentences in your will or living trust that leave to Holocaust Museum Houston 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 Holocaust Museum Houston, a nonprofit corporation currently located at 5401 Caroline St., Houston, TX 77004, 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 HMH 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 potential 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 may qualify for a federal income tax charitable deduction when you itemize. 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 HMH as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. 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 HMH 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 HMH where you agree to make a gift to HMH 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.

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