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61 years of excellence
 
Endowments: A Gift of the Future
 
A Gift of the Future

If you, a family member or friend have fond memories of the Lake Worth Playhouse, we hope you'll consider making a gift to us.

Providing a gift establishes a living tribute that allows you to:

  • Honor a loved one or yourself
  • Support our continuing efforts
  • Receive personal financial benefits from your contribution.

Giving Now or Later

A gift today—An outright gift can help fund our immediate needs or an upcoming project. The financial benefits include an income tax deduction and possible elimination of capital gains tax.

A gift through your will or living trust—You can include a bequest in your will or living trust stating that a specific asset, certain dollar amount or a percentage of your estate will pass to us at your death in honor of you or your loved ones.

No matter which method you choose, you have the ability to endow your gift so that it lasts forever. Endowments are structured so that a small portion of your gift, rather than the whole amount, is used each year to fund a particular purpose. To perpetuate the fund forever, the majority of the fund always remains intact and is invested for the future.

How to Complete Your Gift

1. Choose what to give.

2. Decide how you would like the Lake Worth Playhouse to use your gift.

  • An endowment allows you to restrict the principal of your gift and use only the investment income or a small portion of the principal to support our mission each year. This means that your gift may continue giving in perpetuity.

3. Meet with your attorney.
Whenever you make a large financial decision, we advise you to consult with your attorney.

4. Let us know of your plans.
Please contact Executive Director Stephanie Smith at 561-586-6169x205 or ssmith@lakeworthplayhouse.org to let us know when you have made plans for such a gift. We would love the opportunity to thank you for your generous act. We are also happy to honor your wishes regarding anonymity.

The information on this website is not intended as legal or tax advice. For legal or tax advice, please consult an attorney. References to estate and income taxes apply to federal taxes only. State income/estate taxes or state law may impact your results.

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20.12.2011 Copyright Lake Worth Playhouse - South Florida's Premiere Community Theatre in the Heart of Palm Beach County - the Cultural Capitol of Florida
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Lake Worth Playhouse

713 Lake Ave

Lake Worth, FL 33460

561-586-6410

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