Pasadena Symphony Association brings great music to life. You can help make great music that lasts for generations. A planned gift, such as through a will, bequest or charitable gift annuity is a great way to make a lasting contribution to your orchestra.
There are many gift planning techniques and products that offer financial benefits to both the donor and Pasadena Symphony Association. Whether you are interested in receiving income for life or reducing capital gains or estate taxes, consider making a planned gift to the Pasadena Symphony Association.
Help us preserve the future of music in our community with a Legacy Gift Today.
Below are a few of the options available to you and your family as you plan for the future, and the future of your legacy in the community. The Pasadena Symphony Association encourages you to turn your passion for music and your deep commitment into a lasting legacy with a planned gift.
Retain full control and use of your estate during your lifetime and reduce your taxable assets by listing Pasadena Symphony Association in your will or living trust. Click here for Sample Bequest Language to get your planned gift started.
Gift of Retirement Plan Assets
You can name Pasadena Symphony Association as the beneficiary of your retirement account, such as a 401(k) or IRA, and receive a charitable deduction.
IRA Charitable Rollover Gifts
If you are the owner of an IRA and are at least 70 ½ years of age, you may make a charitable gift directly from your IRA to the Pasadena Symphony Association. An IRA Charitable Rollover of up to $100,000 will count toward an RMD or Required Minimum Distribution effectively minimizing taxes on the transfer. Gifts must be made before the end of the tax year or December 31.
A strong endowment is a necessity for a thriving nonprofit organization, not a luxury. The Pasadena Symphony Association’s Endowment Fund provides critical annual support for all aspects of the orchestra’s mission. Donors of the PSA who make endowment gifts help ensure the long-term health of this institution. Endowment donors have the satisfaction of knowing that, through their gift, they are leaving a legacy that provides the art of music for future generations. The PSA’s Endowment Fund is invested in accordance with the California “Uniform Prudent Management Act” (UPMIFA) and all other laws and regulations.
Receive a charitable tax deduction and bypass capital gains tax with a gift of real property to the Pasadena Symphony Association. Consult with your tax advisor to determine the amount of any deduction you may be able to claim for a gift of real estate.
Receive a charitable tax deduction for the fair market value of publicly traded securities and bypass tax on the embedded capital gains. Consult with your tax advisor to determine the amount of any deduction you may be able to claim for a gift of appreciated securities.
Charitable Gift Annuity
The Pasadena Symphony Association has partnered with the Pasadena Community Foundation to offer donors the option of a Charitable Gift Annuity. If you are 65 years or older, you can make a gift of cash or stock (minimum of $10,000), and the Pasadena Symphony Association will receive an immediate grant, and you and/or a loved one will receive a fixed income stream for life. Click here to download a Charitable Gift Annuity brochure for more information.