Planned Gifts can help you achieve your personal financial goals while supporting the Binghamton Philharmonic with a gift that is meaningful and sensible.

These are just some of the ways to make a Planned Gift to the Binghamton Philharmonic:


A charitable bequest is a transfer of assets (cash or securities) or property at death by will to a non-profit organization.

Benefits: Make a gift that costs you nothing today and gives your estate a tax deduction. To make a charitable bequest, contact your attorney to decide on the specifics of the gift and draft a will or add a codicil to your existing will. Then, please let us know as we would very much like to acknowledge your generosity!

"I would like to help guarantee a vibrant future for symphonic music"

Life Insurance:

Make the Binghamton Philharmonic the owner and beneficiary of your policy and take an income tax deduction.

Benefit: Realize immediate tax benefits from existing policies that are no longer needed.To make a gift of life insurance, please seek the advice of legal and financial planners."For me, the orchestra is an indispensable part of our arts community"

IRA, 401 (k):

For individuals 70 or older (up to $100,000).

Benefit: You do not have to count the transfer as income for federal income tax purposes. To make a gift through your IRA, instruct your plan administrator to make a direct rollover to the Binghamton Philharmonic."I want my grandchildren to be able to attend an orchestra concert here in Greater Binghamton"

Charitable Remainder Trust (CRT):

A trust for charity with tax advantages.

Benefits: You can make a generous gift to the Binghamton Philharmonic while increasing your spendable income for life or for a fixed number of years. You can also choose to have income from the trust provided to a beneficiary of your choosing. To establish a Charitable Remainder Trust, please consult with your attorney and financial advisers to choose the best type of CRT to achieve your goals."I love giving to the arts!"

Appreciated Securities:

Appreciated securities are stock or bonds you have owned for at least one year.

Benefits: You receive an income tax deduction based on the fair market value of the security at the time of the gift and you avoid any capital gains tax. To make a gift of appreciated securities, have your bank or broker contact David Cahill, NBT Bank, at 607.797.5627 to make the arrangements. Your broker probably requires a letter of authorization.

"I want to share the joy of music with others"

Real Estate:

Donate your real estate to us.

Benefits: You can avoid capital gains tax and claim an income tax deduction. To make a gift of real estate, contact your attorney or tax adviser.