Planned Giving
Planned Giving allows donors to create a legacy by awarding through bequests, trusts and other various means. Including CAP21 in your long-term financial plans aids the conservatory, the professional theatre, and our capital campaign. Planned giving may also benefit you and your heirs with immediate and deferred tax advantages.
Planned Gifts Include:
- Fixed Amount or Percentage of Estate – Establish a specific dollar amount or percentage of your estate that it is awarded to CAP21.
- Personal and Real Property – A specific asset, such as land, house, valuable work of art, retirement account, or security can be granted to CAP21.
- Testamentary Charitable Remainder Trust - Named beneficiaries are issued income for life from a trust fund established by the donor. All or part of the trust goes to CAP21 upon the death of the income beneficiary or beneficiaries.
- Testamentary Charitable Lead Trust - CAP21 receives income in the form of a fixed dollar amount or a percentage of trust assets paid at least annually from a trust that takes effect upon a donor's death. Upon the expiration of the trust term, the principal passes to the donor's named beneficiaries (e.g. children or grandchildren).
- Charitable Remainder Trusts - Established with cash or another specified asset, this trust provides income until your death or the death of the named beneficiary for a specific term. Once the trust expires, CAP21 can be named the principal. There are two types of Charitable Remainder Trusts: Annuity Trusts and Unitrusts. Today, many individuals of any income class are able to set up trusts. Please talk with your financial planner to see if the benefits of a Charitable Remainder Trust fit your situation.
- Gifts of Tangible Personal Property - Gifts of tangible personal property, such as art or antiques, are accepted by CAP21 if they can be used or sold to support the organization. Please note that the IRS requires documented appraisal for any gifts valuing over $5,000 to receive tax deductions.
- Charitable Lead Trusts - A Charitable Lead Trust is the opposite of a Remainder Trust. A trust is established and CAP21 receives income in the form of a fixed dollar amount or percentage of trust assets paid annually. Upon the expiration of the trust term, the principal passes to the donor's named beneficiaries (for example children or grandchildren).
- Gifts of Real Estate - Most real estate has appreciated at a rate higher than inflation, making it an ideal asset for many methods of charitable giving.
- Gift of Life Insurance - CAP21 can be named as the beneficiary (or co-beneficiary) on an existing life insurance policy.
- Gifts-In-Kind - CAP21 accepts gifts-in-kind if they can be used according to CAP21's needs.
For more information please contact James Bulleri at 212.807.0202 x 19 or e-mail [email protected]
How To Give
CAP21 is a 501(c)(3) not-for-profit organization. All donations are tax-deductible according to the guidelines of the Internal Revenue Service.
Give a secure credit card gift ONLINE.
Send CHECKS to:
CAP21
Development Office
18 West 18th Street, 6th Floor
New York, NY 10011
For Donations of APPRECIATED SECURITIES, please contact:
Contact: Brown Advisory
Attn: Leslie Ashley
Phone: 410-537-5515
DTC: Brown Advisory Securities
DTC # 141
Account: Collaborative Arts Project 21
Account # 8334-6904
Contact James Bulleri for more information or to make a gift: 212-807-0202 ext. 19 or at [email protected].
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