Legacy Giving
Create Your Musical Legacy
Planning an estate gift is a profound statement of trust and commitment to the transformative power of music education that Triangle Youth Music provides in our community. When you make a planned gift, you help ensure that young musicians will continue to flourish for generations to come.
Donating to Triangle Youth Music in your will, trust, or insurance policy will strengthen the foundation of our organization and secure its future impact. Legacy donors are recognized in our annual program and receive invitations to special events, exclusive concerts, and behind-the-scenes experiences with our young musicians.
If you have arranged for a legacy gift, or would like more information about planning a gift, please contact Trevor Thompson, Director of Development at trevorthompson@triangleyouthmusic.org or by phone at (919) 654-8434.
What is a Planned Gift?
A planned gift is a meaningful deferred contribution made with thoughtful consideration by the donor and their family. Legacy gifts create lasting impact while often providing financial benefits to the donor. Types of legacy gifts include:
- Charitable Bequests - Gifts made through your will or trust
- Life Insurance - Naming Triangle Youth Music as a beneficiary
- Retirement Assets - Designating us to receive IRA or 401(k) funds
- Real Estate - Donating property or your home
- Marketable Securities - Gifting stocks, bonds, or mutual funds
- Charitable Remainder Trusts - Providing income during your lifetime
- Charitable Gift Annuities - Creating fixed payments for life
- Charitable Lead Trusts - Supporting us while preserving family wealth
Why Make a Planned Gift?
Beyond potential financial advantages, a planned gift is a powerful way to create a lasting legacy and honor your passion for youth music education. Legacy gifts often hold deep personal meaning and create a generations-long memory of your commitment to nurturing young talent.
While benefits vary depending on the plan you choose, many giving options share these features:
- Tax Benefits - Immediate federal income tax deductions for some or all of the gift value
- Capital Gains Relief - Elimination of capital gains tax when transferring appreciated securities or real estate
- Financial Security - Increased financial stability for you and your heirs while supporting our mission
- Lifetime Income - Payments for life to you and/or beneficiaries such as your spouse or family members
- Enhanced Returns - Potentially higher income through life-income plans that outperform your current assets
How Do I Make a Legacy Gift?
We recommend consulting with your financial advisor or estate attorney for guidance on making a bequest. For questions about making a gift to Triangle Youth Music, please contact us at (919) 645-8434 or email us at trevorthompson@triangleyouthmusic.org.
Essential Information for Your Estate Planning:
Legal Name: Triangle Youth Music Inc (previously Philharmonic Association)
Address: P.O. Box 782, Cary, NC 27512-0782
Federal Tax ID Number (EIN): 58-1818884
Sample bequest language and additional resources are available upon request to help you and your advisor craft the perfect gift.
