Giving Options
There are many planned gifts that won’t affect your existing financial resources but will have a significant impact on The Philadelphia Orchestra or Ensemble Arts Philly. Give to the organization you care so much about, while maintaining control and flexibility.
Gifts by Will or Trust
A charitable gift from your estate is a favored method of giving that enables you to achieve your financial goals, maintain control of your assets, and benefit The Philadelphia Orchestra or Ensemble Arts Philly.
Naming Us as a Beneficiary
While many of your assets will transfer according to your Will or Living Trust, certain assets will instead be distributed through beneficiary designation. These include retirement accounts, life insurance policies, annuities, and a variety of financial accounts. You can name The Philadelphia Orchestra or Ensemble Arts Philly as a beneficiary of these types of accounts.
Gifts from Your IRA (QCD)
The IRA charitable rollover (also called the Qualified Charitable Distribution, or QCD) is a great way to make a tax-free gift to The Philadelphia Orchestra or Ensemble Arts Philly.
Life Income Gifts
Support The Philadelphia Orchestra or Ensemble Arts Philly while generating income for yourself and your family. Learn how these gifts allow you to achieve both of these goals.
Retained Life Estates
Donate your home, farm or a second home to The Philadelphia Orchestra or Ensemble Arts Philly and receive an immediate income tax charitable deduction, while retaining the right to live in your home for the rest of your life. If you itemize your deductions instead of taking the standard deduction you could save significant income taxes.
The purpose of these web pages is to provide general educational information. They are not intended as legal, accounting or other professional advice. For assistance in planning charitable gifts with tax and other financial implications, obtain the services of appropriate advisers. Consult an attorney for advice if your plans require revision of a will or other legal document.