Planned Giving

Leave a Planned Gift in Your Will or Trust

Many donors have found that a bequest is a relatively easy way to make a significant investment in the future of our mission. There are several ways that you can make a bequest or gift through your will or living trust to Save The Music Foundation. The provision you choose will depend upon your circumstances, what type of property you wish to bequeath, and your other obligations. Here are some of the kinds of bequests that you can make:

  • Specific Bequest: This is where you bequeath a specific sum of cash or other property that you name. Here is suggested wording for making a specific bequest: “I hereby give and bequeath the sum of $____________ to Save The Music Foundation, located at 1515 Broadway, 21st Floor, New York, NY 10036 or its successors-in-interest to be used for its general purposes.”
  • Residuary Bequest: In this case, you bequeath a specified percentage or all of the assets remaining in your estate after other expenses and bequests have been paid. “I hereby give and bequeath ____ percent (_____%) of the rest and residue of my estate to Save The Music Foundation, located at 1515 Broadway, 21st Floor, New York, NY 10036 or its successors-in-interest, to be used for general purposes.”
  • Contingent Bequest: In this case, you direct that a specific amount or a percentage of your estate be paid to Save The Music Foundation, only if your other beneficiary(ies) does not survive you. Please consult with your attorney or financial advisor on which strategy would work best for you and your needs as well as the tax benefits of your bequest to your estate tax return.

Name Save The Music as a Beneficiary
Selecting Save The Music as a beneficiary of your retirement plan, IRA, life insurance policy, or other financial vehicle is a generous way to make a legacy gift “outside” a will. These gifts are easy to implement and are a tax-wise strategy for many donors. Contact your plan or policy administrator for a change of beneficiary form for retirement and life insurance accounts.
You will need the following information:

Legal Name: Save The Music Foundation
Address: 1515 Broadway, 26th Floor, New York, NY 10036-8901
Telephone: 212-846-4391
Tax ID: 13-6089816

For gifts from bank or brokerage accounts, or questions about other ways to make a planned gift, please contact us.

Interested in Donor-Advised Funds? Learn more here.

Some of the above-mentioned planned giving strategies may have a greater tax benefit to you than others, so please consult with your attorney or financial advisor on which strategy would work best for you and your loved ones.

DONATE BY MAIL

Send to:

Save The Music Foundation

P.O. Box 2096

New York, NY 10108-2096