Legacy Society: Planned Giving

Legacy Society: Planned Giving

One of the most effective and lasting ways to help North Carolina Theatre is through planned giving. As a member of the Legacy Society for North Carolina Theatre you will take on a crucial role in our relentless pursuit of artistic excellence, and directly aid in upholding the high standards of quality that North Carolina Theatre productions offer. Join the Legacy Society today by completing a letter of testamentary intent.

Hello Dolly! Photo: Credit Curtis Brown Photography

The Different Ways That You Can Give

There are many different ways that you can have an impact as a member of the Legacy Society:

BEQUESTS
A donation as defined in a will that allows you to defer your gift until after your lifetime.

This is the most common way to make a planned gift. With the help of your attorney, you will be able to hold on to the full use of your estate, while still making a charitable contribution to North Carolina Theatre.

Here are a few examples of how to word your bequest:

  • I give, devise, and bequeath to The North Carolina Theatre, currently located in Raleigh, North Carolina, all the rest, residue and remainder of my estate, both real and personal, to be accepted and used in the discretion of its Board of Directors.
  • I give, devise, and bequeath to The North Carolina Theatre, currently located in Raleigh, North Carolina, __________ percent of the rest, residue and remainder of my estate, both real and personal, to be accepted and used in the discretion of its Board of Directors.
  • I give, devise, and bequeath to The North Carolina Theatre, currently located in Raleigh, North Carolina, the sum of ____________________ to be accepted and used in the discretion of its Board of Directors.

 

LIFE INSURANCE
Making a donation with little cost to you by using your insurance to make a charitable gift.

A planned gift of life insurance is another way that you can make a donation to North Carolina Theatre. This type of gift permits you to a beneficial tax deduction. Along with the help of your attorney you can decide how much you would like to donate, and determine if you will use an old policy or simply create a new one.

GIFTS OF REAL ESTATE
A gift of personal property as opposed to a cash donation.

These types of contributions allow for even greater tax benefits than cash gifts which allow you to deduct the full fair market value of the property, while also reducing estate taxes on assets passed down to your family.

GIFTS OF APPRECIATED SECURITES
Making special donations of stocks or bonds.

Contributing your appreciated securities to North Carolina Theatre will give you an immediate charitable deduction for the full present fair market value with no capital gains tax on the appreciation.

RETIREMENT PLAN, IRA OR 401(k)
Naming North Carolina Theatre as the beneficiary of all, or part of your remaining balance.

You can name North Carolina Theatre as the beneficiary of the remaining funds from your retirement plan, IRA or 40(k). If other beneficiaries do not need these funds, North Carolina Theatre can be named as a beneficiary, which makes you eligible for a tax deduction.

CHARITABLE LEAD TRUSTS
Reduces the estate taxes on important assets so that more of your estate can be passed down to your beneficiaries.

This option lets you preserve your property while your funds are separately held and invested. You will be paying a fixed or variable income to the North Carolina Theatre for a fixed amount of time, and will immediately be eligible for a tax deduction after the creation of the trust.

Cast of Oliver! Photo: Credit Curtis Brown Photography

How Planned Giving Will Benefit You

Here are a few ways that you will benefit by joining North Carolina Theatre’s Legacy Society:

  • Listing in the playbill as a member of the Legacy Society
  • Invitation to an exclusive annual Legacy Society Dinner
  • Personalized assistance with preferred seating
  • Backstage tour by special arrangement with the Development Department
  • Priority renewal

One of the greatest benefits to becoming a member of the Legacy Society is your official agreement to support the continuing efforts of North Carolina Theatre, making a contribution towards the future entertainment and education of many generations to come.

How to Contact Us for Further Information on Planned Giving

If you are interested in becoming a member of North Carolina Theatre’s Legacy Society, or if you would like to learn more about the different ways that you can contribute, please contact:

Melanie Doerner, NC Theatre
mdoerner@nctheatre.com 
919-831-6941 x6946

North Carolina Theatre is grateful to the members of the Legacy Society who have informed us of their plans to make a donation to the North Carolina Theatre. Be a part of something great, and join the Legacy Society today.

Download the Letter of Testamentary Intent Form.

Play a role on our stage.

Your contribution ensures that the show goes on after the curtain comes down!

Related Pages

Annual Fund Corporate Sponsorship In Kind Support Playbill Advertising Share The Stars Theatre Education Fund side bar

Photo Credit: Curtis Brown Photography Actors/Actresses: Andrea McArdle as Miss Hannigan in Annie