There are many ways you can make a gift that supports choral music. Giving to The Lexington Singers can also benefit you and your loved ones. Our staff is happy to help you structure the gift that works best for your circumstances. Below are gift arrangements you may wish to consider:
Cash. We gladly accept gifts by cash, check, or credit card. This is a simple way to give and provides you with an immediate charitable income tax deduction.
Securities. Donating appreciated stock, bonds or mutual funds held long term can be an especially tax-wise way to give. Capital gains taxes are avoided and the full value of your gift is put to work supporting our mission of music.
Real Estate. Donating residential, commercial or undeveloped property is a great way to dispose of unwanted property, save on capital gains taxes, and support our programs.
Personal Property. We accept many types of personal property such as jewelry, rare books, and other valuable items.
Business Assets. You can donate partnership interests, ownership in a business, and other assets and receive significant tax benefits.
Gifts After Your Lifetime
Wills and Trusts. Leave a legacy of choral music by naming The Lexington Singers in your will or trust. Gifts by will receive an unlimited estate tax deduction and are easy to make. You can change your mind at anytime and you retain control of your assets during your lifetime.
Retirement Plans. Make us the beneficiary of your retirement plans, IRA, 401k, etc. and avoid the taxation that occurs when these plans are left to non-spousal heirs. Check with us on possible lifetime transfers of these assets as there may be additional advantages such as charitable IRA “rollovers” as authorized by Congress.
Life Insurance. You can name us as a beneficiary of your life insurance. You can also donate outright any paid up but no longer needed policies.
Retained Life Estates. You can give a personal residence or farm to The Lexington Singers and retain the right to live there for yourself or others. You will receive a partial charitable tax deduction and reduce the value of your estate for taxation purposes.
More Ways to Give
Gifts That Provide Income Back To You or Family. There are several gift arrangements that can be made during your lifetime or through your estate that can provide income to you or loved ones then ultimately goes to our programs. Charitable gift annuities and charitable remainder trusts are popular ways. Contact us for more details.
Charitable Lead Trusts. Pass on assets to your family while providing income to The Lexington Singers through this specialized estate planning gift structure for large gifts.
Thank you for considering a gift to support The Lexington Singers. Please contact us at email@example.com for a confidential conversation about how you can help. It is important to discuss these arrangements with your own qualified advisor as we cannot give legal or tax advice to you.