Music is the story of our souls and connects one generation to another. It is important that future generations be a part of our passion and creative spirit. Play a permanent role and create enduring support for La Jolla Music Society.
The Legacy Society honors patrons who inform us that they have made provisions for La Jolla Music Society in their will or estate plan. In recognition of their support, members are listed in our Program Book and are invited to special social events including a House Concert.
La Jolla Music Society can make arrangements for many planned giving options that offer various tax advantages:
Outright Gifts Outright Legacy gifts of $10,000 or more to one of the Society’s endowment funds will provide immediate benefits for us and tax-saving benefits for you.
Bequests Making a bequest in your will or trust for La Jolla Music Society is an ideal way to make a significant gift but retain the use of your assets during your lifetime. You can bequeath a specific dollar amount, a percentage of your estate, or a residual value after other gifts have been satisfied.
Beneficiary Designations Naming La Jolla Music Society as beneficiary of a life insurance policy, annuity, or retirement plan is a great way to eliminate substantial estate and income tax on these assets at the time of your death.
Income Producing Gifts Charitable Gift Annuities, Pooled Income Funds, and Charitable Remainder Trusts are planned giving strategies that provide income for you and/or loved ones. These techniques are also excellent tools for reducing income tax and reducing or eliminating estate tax.
Charitable Lead Trusts Transferring assets to a trust that pays a yearly income to La Jolla Music Society for a specified number of years, and then returns the assets to you or your designated beneficiaries. The trust assets will not be included in your estate, providing income, gift and estate tax benefits.
Gifts of Real Property Donate your home or other real estate to La Jolla Music Society and receive immediate tax benefits, even if you continue to live in your home. This keeps the property out of your taxable estate.
La Jolla Music Society is a non-profit organization classified under the Internal Revenue Service code 501(c)(3). Federal Tax ID: 23-7148171. Our mission: To enhance the vitality and deepen the cultural life of San Diego by presenting and producing a dynamic range of performing arts for our increasingly diverse community.