MAKE A LASTING GIFT

For the past 48 years, the Southwest Florida Symphony has relied on the generosity

and vision of its patrons to present magnificent symphonic music while preserving

the traditions of the orchestral art form for future generations.

The Planned Giving Society was established to recognize donors who have

provided for the future of the Symphony through a bequest, gift annuity, or

life income gift. There are tax advantages associated with each type of gift.

A Planned Giving Society member’s luncheon is held each year. Members

have the opportunity to meet with conductors and musicians, hear a brief

musical program, and discuss Symphony related activities and events.

Consult your financial advisor to discuss if a Planned Gift is right for you.

To join the Planned Giving Society, contact the Director of Development

at 239.418.0996.

GIFTS OF LIFE INSURANCE

Make the Symphony a Beneficiary of your Life Insurance Policy

You may wish to make the Symphony the beneficiary (or a contingent beneficiary)

of a life insurance policy as a way to make a sizeable future gift. You retain

lifetime ownership of the policy, keeping the right to cash it in, borrow against it,

and change the beneficiary. A gift of this nature is treated much like a bequest

made through your will. If you retain ownership of the policy, you will not receive

an income tax charitable deduction for this future gift or for your premium

payments during your lifetime. The policy's proceeds will be included in your

gross estate, and your estate can take an estate tax charitable deduction.

Make a Gift of Your Policy

You may wish to transfer ownership of a policy to the Symphony, or purchase a new

policy with the Symphony as owner and beneficiary. If you make the Symphony the

owner and beneficiary of a policy, you are entitled to certain tax advantages and

annual premiums paid are a charitable deduction.

GIFTS OF ANNUITIES
Charitable gift annuities are the gifts that keep on giving. Rates on charitable gift

annuities are based on age and whether the contract is immediate or deferred. A

charitable gift annuity can provide tax benefits now and a life-time income for the

donor and a beneficiary if desired.

A deferred gift annuity is a variation on a gift annuity. A gift is made and the

Symphony promises in return to pay you an income stream that begins on a future

date you specify. Since the payments do not begin for a period of time, the fund

will grow without withdrawals until the payments begin. With more money in the

fund once payments begin, the payments will be larger than with an immediate

annuity.

An attractive benefit of this arrangement is that it enables a donor to make a

gift now and take a charitable income tax deduction now while in a high tax

bracket. Income may be deferred, for instance, until after retirement, when

the rate of tax will presumably be lower. Deferred gift annuities are creative ways

to delay income to pay for children's or grandchildren's college expenses,

supplement your retirement income, or assist with assisted-care living

arrangements that may be inevitable.

A part of each payment, as in any gift annuity, may be tax-free for a period

of years. However, the precise amount of each payment will depend on the

tax rules in effect when the payments start.

GIFTS OF SECURITIES
Gifts of securities are valued at the median price on the date of transfer to the

Symphony. Capital gains on the amount of appreciation may be avoided and,

depending on the donor’s personal tax situation, they may receive a tax deduction

of the full market value of the stock.