Support the Symphony
Planned gifts are an important vehicle for continued stability and artistic excellence of the South Arkansas Symphony. There are many different gift opportunities you can choose from in order to make a lasting impact while also fulfilling your own personal financial philanthropic goals.
We have listed many of the popular planned giving option below. Check with your legal and financial advisors to determine which plan best suits your situation.
- Beneficiary Designation
- Charitable Remainder Trust
- Charitable Lead Trust
- Endowment Gifts
- Outright Gifts or Other Assets
A bequest allows you to specify dollar amount, property, a percentage of your estate, or the residual after other designations are fulfilled. See Sample Bequest Language.
You can name the South Arkasnas Symphony as a designated beneficiary for many different assets including your: IRA, 401(k), 403(b), or other qualified retirement plan; life insurance plan; commercial annuity contract; bank account; or brokerage account.
A Charitable Remainder Trust makes payments to you and/or a loved one for life or a specified number of years. Upon the termination of the trust, The South Arkansas Symphony receives the remaining assets held by the trust fund.
A Charitable Lead Trust makes payments to the South Arkasnas Symphony for your lifetime or a specified number of years. Upon the completion of the trust term, the remaining assets are returned to you or your heirs.
An Endowment Gift is an estate gift or outright gift you may make to the orchestra. The gift remains in perpetuity and ensures the orchestra the resources it needs. You may make the gift with a designation of restricted or unrestricted. Restricted gifts are made for program areas: educational programs, guest artists, orchestra positions, or outreach. Unrestricted gifts may be used wherever the need remains the greatest.
Supporters of the symphony may contribute not only cash and securities, but also real estate, savings bonds, and commercial annuities.
Employee stock options may be transferable depending on your company's plan. Even if they are not transferable, you may significantly reduce tax payable upon excercise of the options if you make a charitable gift contribution.