LEGACY GIVING

 

Help support the programs you love for generations to come 

LEGACY GIVING PROGRAM

SUPPORT THE FUTURE. MAKE A GIFT.

To usher in our Fifth Season, we are pleased to announce our new Legacy Giving Program to include all individuals who designate a gift for the Festival in their wills or other estate-planning documents.

Your Legacy gift will be directed to an income-producing fund that will help ensure the highest artistic standards and our commitment to nurturing the most promising instrumentalists of tomorrow.

We will be pleased to recognize all Legacy Giving members through prominent acknowledgement in our annual summer program book. We will also be pleased to invite you and other Legacy Giving members to an exclusive annual Legacy Luncheon.

GIVING OPTIONS

CHOOSE WHAT WORKS BEST FOR YOU

  • Bequests  You can specify in your will either a dollar amount or percentage of your estate that you wish to go to the Festival, while you retain the use of all of your assets during your lifetime.

  • Life Insurance  You can transfer ownership of a paid-up life insurance policy, receiving an immediate tax deduction, and eliminating taxes at the time of your death.

  • Retirement Benefits  Naming the Festival as beneficiary of an IRA or other retirement plan assets can result in eliminating significant estate and income taxes at the time of your death.

LANGUAGE

EXAMPLES OF BEQUEST DESIGNATIONS

Here are some examples of the type of language that is commonly used to designate these bequests.


“I give, devise and bequeath to Valley of the Moon Music Festival, a nonprofit corporation of the State of California, tax ID # 47-1629123, located at P.O Box 538, Sonoma CA 95476,

Choose one:
1) The sum of $___________.” 
2) __________ shares of stock in ________________Company.”], or 
3) my real property commonly known as _________________.”

 

or

Residual/Percentage:

“I give, devise and bequeath to Valley of the Moon Music Festival, a nonprofit corporation of the State of California, tax ID # 47-1629123, located at P.O Box 538, Sonoma CA 95476, all the residue of my estate, including real personal property.”

or

“I give, devise and bequeath to Valley of the Moon Music Festival, a nonprofit corporation of the State of California, tax ID # 47-1629123, located at P.O Box 538, Sonoma CA 95476, ____% of my estate.”

 

or

Contingent:

“In the event of the death of any of the beneficiaries, I give, devise and bequeath to Valley of the Moon Music Festival, a nonprofit corporation of the State of California, tax ID # 47-1629123, located at P.O Box 538, Sonoma CA 95476, (percentage, specific, or residual language as above).”


BE SURE TO LET US KNOW OF YOUR PLANS 

If you are thinking of making a Legacy gift, please contact us first to discuss your options. We then recommend you contact your financial advisor.


Once plans are finalized, please let us know so we can acknowledge your gift. Also please contact us if you have any questions or need more information.


 
 

Photo by Richard Wicklund