ANNUAL FUND
Gifts to the Annual Fund ensure that the Phil­har­monic will con­tinue to bring the finest orches­tral pro­grams to our com­mu­nity. Annual Fund gifts help to pro­vide artis­tic excel­lence, vibrant pro­gram­ming, and stim­u­lat­ing edu­ca­tional and com­mu­nity out­reach programs.

Annual gifts are put to imme­di­ate use by the Phil­har­monic to hire guest artists, con­duc­tors, musi­cians, staff, develop artis­tic and edu­ca­tional pro­grams, present con­certs, and fund oper­a­tional expenses.

The Abi­lene Phil­har­monic is grate­ful for the gen­er­ous sup­port it receives each year. This invest­ment reflects the com­mit­ment from the com­mu­nity to the Philharmonic’s health and vital­ity, and the inter­est in its past, present and future. Gifts of all sizes are mean­ing­ful and are crit­i­cal to the Philharmonic’s con­tin­ued growth and success.

FRIEND ( Up to $99)

Receive the ben­e­fits of:
• An invi­ta­tion to the annual meeting

ADVOCATE ($100-$249)
Receive the ben­e­fits of the Friend level plus:
• An invi­ta­tion to an orches­tra dress rehearsal
• A back­stage tour of the Abi­lene Civic Cen­ter prior to a concert

SUSTAINER ($250-$499)
Receive the ben­e­fits of the Advo­cate level plus:
• A gift cer­tifi­cate for 2 tick­ets to a clas­si­cal con­cert of your choice

PATRON($500-$1299)
Receive the ben­e­fits of the Sus­tainer level plus:
• A one-time invi­ta­tion to the Conductor’s Cir­cle Club
• An invi­ta­tion to the Young Artist Com­pe­ti­tion finals

CONDUCTOR’S CIRCLE CLUB
For those donat­ing $1,000 or more annu­ally, we have a spe­cial club for
you with even more ben­e­fits! Click here to find out more.

 

MATCHING GIFTS

Do you work for or are you retired from a com­pany that will match your gift to the Abi­lene Phil­har­monic? Cor­po­rate match­ing gifts pro­vide the oppor­tu­nity to dou­ble, maybe even triple, your per­sonal con­tri­bu­tion. If you are not sure whether your com­pany will match a gift to a per­form­ing arts orga­ni­za­tion, you can search for your company’s pol­icy using the CASE web­site (Coun­cil for Advance­ment and Sup­port of Education).

The match­ing gift process is ini­ti­ated by the donor who must con­tact their com­pany for the required forms. The total value of the match­ing gift and the individual’s gift is rec­og­nized in the Philharmonic’s donor lists.

 

ENCORE IRA PROVISION

The char­i­ta­ble IRA leg­is­la­tion is back for a repeat performance.

Don’t miss this second-chance oppor­tu­nity to make tax-free gifts from your IRA! There’s good news for indi­vid­u­als aged 70½ or older with indi­vid­ual retire­ment accounts. Thanks to the extended char­i­ta­ble IRA leg­is­la­tion, you can once again make out­right gifts using IRA funds with­out tax complications.

If you are required to receive min­i­mum dis­tri­b­u­tions from your IRA and you do not need the money for per­sonal use, con­sider using those funds as a char­i­ta­ble gift. While you can­not claim a char­i­ta­ble deduc­tion for the IRA gifts, you will not pay income tax on the amount.

You may con­tribute funds this way if:
· You are 70½ or older
· Your IRA gifts total $100,000 or less each year in 2008 and 2009
· You trans­fer funds directly from an IRA to the Abi­lene Phil­har­monic
· You trans­fer the gifts out­right to a qual­i­fied char­ity. (This excludes gifts made to char­i­ta­ble trusts, donor advised funds and sup­port­ing organizations.)

The Benefits—Music to Your Ears!
· In most cases, the trans­fer counts toward your min­i­mum required dis­tri­b­u­tions.
· The gift gen­er­ates nei­ther tax­able income nor a tax deduc­tion, so even those who do not item­ize their tax returns receive the ben­e­fit.
· You may trans­fer up to $100,000 directly from your IRA in 2008 and 2009.
· The dis­tri­b­u­tions may be in addi­tion to or ful­fill any char­i­ta­ble giv­ing you have already planned.

The Next Step
Be sure to con­tact your tax pro­fes­sional and your IRA admin­is­tra­tor if you are con­sid­er­ing a gift under this law. Please call Holly Med­lock, Direc­tor of Devel­op­ment at 325–677-6710 with any questions.

 

GIFTS OF SECURITIES

Gifts of secu­ri­ties are val­ued at the median price on the date of trans­fer to the Phil­har­monic. Cap­i­tal gains on the amount of appre­ci­a­tion may be avoided and, depend­ing on the donor’s per­sonal tax sit­u­a­tion, they may receive a tax deduc­tion of the full mar­ket value of the stock. For infor­ma­tion on how to make a gift of secu­ri­ties, con­tact Holly Med­lock, Direc­tor of Devel­op­ment at 325–677-6710.

 

TRIBUTE GIFTS

Trib­ute gifts are a unique way of hon­or­ing a fam­ily mem­ber or friend. A char­i­ta­ble gift may be made to com­mem­o­rate a spe­cial event such as a birth­day, wed­ding, anniver­sary, noted achieve­ment, or retire­ment. Trib­ute gifts are also a thought­ful expres­sion of con­do­lence or as a remem­brance memo­r­ial. The indi­vid­ual or fam­ily that you des­ig­nate will receive a let­ter noti­fy­ing them of the trib­ute gift (with no ref­er­ence to the amount), which is tax-deductible to the donor.

 

GIFTS OF PROPERTY

Gifts-in-kind are tan­gi­ble items such as real estate, works of art, equip­ment, auto­mo­biles, antiques, and sim­i­lar non-monetary con­tri­bu­tions. A gift of tan­gi­ble prop­erty may result in a tax deduc­tion for the donor, with the amount of the deduc­tion deter­mined by whether or not the gift meets the “related use” test. If you have a ques­tion about a gift of tan­gi­ble prop­erty, con­tact Holly Med­lock, Direc­tor of Devel­op­ment at 325–677-6710.

HOUSE A MUSICIAN

Gifts come in many dif­fer­ent forms. For every con­cert we pro­duce, qual­ity musi­cians are a must. In order for the Phil­har­monic to con­tinue to recruit tal­ented musi­cians from around the state, hous­ing must be pro­vided for. The Phil­har­monic des­ig­nates finan­cial resources every year in order to pro­vide a place for our musi­cians to stay while they are here. This expense can be less­ened with your gen­er­ous dona­tion to house a musi­cian or musi­cians. If you have a spare room, guest house or other accom­mo­da­tions that you would be will­ing to donate for a few evenings around a con­cert, please con­tact Holly Med­lock, Devel­op­ment Direc­tor or John Whitaker, Oper­a­tions Man­ager at 325–677-6710.