To help ensure the future of the Orchestra, consider making a bequest to the Springfield Symphony. By having the Orchestra in your Will, you can commemorate the inspiration and enjoyment that the Symphony has given you over the years. Your generous contribution will help us continue to bring the pleasure of music to many future generations. Donations that come to the Orchestra from a Bequest are invested in the Springfield Symphony Endowment and the interest earned annually from these funds is used in support of the Orchestra. Therefore the money lives on forever providing funds for the sustaining of the Orchestra and educational outreach programs.
Types of planned gifts
Trust/Will (Bequest)
Name the Springfield Symphony Orchestra, Inc. as a beneficiary of your Trust and/or Will. Please consult with your Attorney.
Life Insurance
Name the Springfield Symphony Orchestra, Inc. as beneficiary of your life insurance proceeds.
Charitable Remainder Trusts (CRT)
Name the Springfield Symphony Orchestra, Inc. as remainder beneficiary of your CRT. You permanently transfer the assets (typically low basis securities or real estate) you wish to donate to a Trust. You and any of your designated beneficiaries will receive an annual income for the rest of your lives. You will also receive an immediate charitable income tax deduction and there are usually no federal estate taxes on a CRT. After your death, or the death of your other spouse or other loved one(s), the remainder of the assets will be distributed to the Symphony’s endowment. Please consult with your Attorney.
Gift of your Home
A life estate is a type of planned gift that enables you to donate a remainder interest in your home to the Symphony. You receive an immediate charitable income tax deduction for the gift, and you continue to live in your home until your death. Your home will then pass directly to the Symphony without delay. Please consult with your Attorney and/or Tax Advisor regarding the deductibility of this gift.
