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Planned Giving
A Fanfare for the Future
The music we share today is a gift from those who came before us, and a legacy gift is your opportunity to ensure that same transformative power reaches future generations. When you include the Binghamton Philharmonic in your estate plans, you aren't just making a donation; you are becoming a member of our Fanfare for the Future society. This dedicated group of supporters helps us envision and build the orchestra of tomorrow, providing the stability we need to meet the needs of future audiences with confidence and artistry.
Investing in the Endowment
At the heart of our long-term sustainability is the Philharmonic Endowment, a collection of four distinct funds designed to protect every aspect of our mission. Your contribution can be directed to support the areas that move you most:
- The Unrestricted Gifts Fund allows the orchestra to remain agile and address our most pressing needs.
- The Endowed Chairs Fund creates a living tribute to your generosity by providing perpetual income to support our musicians.
- The Musician Pension Support Fund ensures the long-term well-being of the artists who bring our stage to life.
- The Endowment Fund provides the foundational support necessary for both our artistic vision and administrative operations.
Ways to Create Your Legacy
Legacy giving is a flexible process that can be tailored to fit your personal financial goals. Many of our supporters choose to leave a Bequest, designating a specific gift or a percentage of their estate in a will or living trust. Others find that naming the Philharmonic as a beneficiary of a Life Insurance Policy or a Retirement Plan (such as an IRA or 401(k)) is a profound way to provide vital support without affecting their current resources.
For those seeking more structured arrangements, Charitable Gift Annuities and Charitable Remainder Trusts can offer fixed income for your loved ones during their lifetime while ensuring the remainder of the gift eventually sustains the orchestra’s future endeavors.
How to Get Started
We are here to help you explore how your legacy can make a lasting impact. We encourage you to consult with your attorney or financial advisor to find the best approach for your estate, then reach out to us to discuss your intentions. While the legal technicalities are important, the conversation starts with your passion for the music.
Begin the Conversation: To discuss a pledge or learn more about our endowment funds, please contact Brian Nayor, Director of Development and Patron Relations at 607-723-3931 x2.
