The Encore Society
Plan a Gift That Will Change Lives
The Encore Society provides an opportunity for donors to show their commitment to the Orpheum Theatre Group’s future by making a planned gift. There are many ways to support the Orpheum’s cultural and educational programs and our preservation and restoration efforts while receiving tax benefits for yourself, your family, and your heirs.
If you have already included the Orpheum Theatre Group in your estate planning, please let us know. We would like to recognize you and thank you for being a part of the Encore Society.
Ways to Plan Your Gift
Bequests
Interested in helping the Orpheum but aren’t ready to write a check or part with your assets today? A simple, flexible, and versatile way to ensure your support for years to come is by making a gift outlined in your will or living trust, known as a charitable bequest.
Download recommended language to use when making your bequest.
Beneficiary Designations
Name OTG as a beneficiary to receive assets such as retirement plans and life insurance policies after your lifetime. It’s an easy and flexible way to give. You aren't locked into the choices you make today; you can review and adjust beneficiary designations any time. And because OTG is tax-exempt, the organization receives all, rather than just a portion, of your gift.
IRA Charitable Rollover
If you are 70 1/2 years old or older, you can give up to $100,000 from your IRA directly to the Orpheum without having to pay income taxes on the money. If you are 72 years or older, this will satisfy your Required Minimum Distribution. Your gift will be put to use today, allowing you to see your philanthropic dollars at work and jump-starting the legacy you would like to leave.
Accounts other than IRAs that also have RMD requirements at age 72 include SEP IRAs, SIMPLE IRAs, 401(k)s, and 403(b)s.
Gifts of Appreciated Stock
By donating stock that has appreciated for more than a year, you are actually giving 20 percent more than if you sold the stock and then made a cash donation. Plus, you are still eligible to deduct the full fair-market value of the asset you donated from your income taxes, up to the overall amount allowed by the IRS. And remember that your appreciated assets can also include assets that are not publicly traded.
Memorial and Tribute Gifts
Establishing a memorial or tribute gift is a meaningful way to honor a loved one's life or celebrate a special occasion while supporting OTG. Your memorial or tribute gift will expand your loved one's legacy and make a difference in the lives of our students and in our beloved theatre.
Endowed Gifts
You have the power to help safeguard the future of the Orpheum by making an endowed gift. Your gift is an investment in OTG’s future, helping our education programs grow and providing funding for preservation and restoration for years to come. The principal is invested and a portion of the principal’s earnings are used each year to support its mission.