Endowment

The Fort Collins Symphony Endowment Fund, Inc. is a charitable supporting organization solely dedicated to the long-term financial support of the Fort Collins Symphony. Your gifts to the Endowment are invested to sustain the Symphony long into the future as a cultural cornerstone of Northern Colorado. As the Endowment grows larger, the Symphony receives greater support for its entertainment, educational, and cultural activities.

How will you help build the Endowment?

CURRENT GIFTS
Sending a check or electronic transfer to the Endowment means your money goes right to work. Gifts of stocks, bonds, or mutual funds are converted to cash and then invested. You take the charitable deduction on your income tax return.

APPRECIATED INVESTMENTS
Giving appreciated stocks and bonds is a powerful way to leverage your investment in the Endowment. If you have held them for more than a year, you may be able to claim their fair market value as a charitable deduction and not pay capital gains tax on the increase in value.

BEQUESTS
Making a gift to the Endowment through your will or revocable trust is your gift to the future. Your estate or trust receives the charitable tax deduction. Talk to your estate planning attorney about adding these gifts to your estate plan.

RETIREMENT PLANS
Naming the Endowment as the beneficiary of most types of individual retirement accounts or 401(k) plans is remarkably tax-efficient. Distributions to individual beneficiaries are subject to income tax, but not when the beneficiary is a charity like the Endowment. See your retirement plan administrator for assistance.

LIFE INSURANCE POLICIES
Designating the Endowment as the primary or secondary beneficiary on a life insurance policy makes a bold statement about your appreciation of the arts in Northern Colorado. Your insurance agent can help you with this designation.

CHARITABLE TRUSTS
Your contribution to a charitable remainder trust pays income to you for a designated number of years and then distributes the remainder to the Endowment. Your gift qualifies in part for an income tax charitable deduction that insulates you from paying capital gains, avoids estate taxes on what you have donated, and leaves the Endowment with a gift. In contrast, your gift to a charitable lead trust pays income to the Endowment for a designated number of years and then distributes the remainder to you or to individual beneficiaries you have chosen. This results in substantial gifts to your ultimate beneficiaries and a significant tax savings.

As always, please consult your tax advisor prior to giving. For more information on these and other ways to give to the Endowment, please contact the Symphony office at 970-482-4823.

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