It looks like you are browsing with an extremely outdated browser. Please improve your bowsing experience by
updating your browser and browse happy. http://browsehappy.com/
A group of estate planners, financial managers and portfolio advisors committed to being ambassadors for Asolo Rep. The Network is an initiative of Asolo Rep’s Professional Advisors Task Force.
Kim Bleach (Chair)
Carla Plush Smith
J. Allison Archbold
J Scott Atkins
Joan E. Bickford
Alina B. Cemitier
Elizabeth P. Diaz
Dana D. Duckman
Douglas M. Fowler
Paul G. Hudson
Stephen J. Krause
Michael J. Labbee
J. Barton Lowther
Brian A. Mariash
Joshua A. McCoy
Phillip B. Pasho
David M. Silberstein, Esq.
Elizabeth Rabbitt Stephen
Craig W. Tuley
Carol W. Wood
Professional Advisors Breakfasts sponsored by
Q. I want to make an endowment gift to Asolo Rep from current assets. How can I make a gift now?
A. Any gift that is liquid can be donated, including outright gifts of cash, stock, mutual fund shares or dividend reinvestment programs, or a life insurance policy that is no longer needed for the protection of heirs. In addition, if you are 70.5 or older, you can make a direct distribution from a retirement fund. Endowment gift payments can be made in installments over a period of up to five years. Asolo Rep will also consider gifts of real estate.
Q. I want to make an endowment gift to Asolo Rep, but am not ready to make an outright contribution today. Can you tell me more about planned gifts?
A. There are many ways to make a planned gift. The most common method for making a future contribution is to designate Asolo Theatre, Inc. as a beneficiary in your will. If your estate plan is complete, you can request that your attorney add a simple codicil naming Asolo Theatre, Inc. as a beneficiary of a specific bequest amount, a percentage of your estate, or a combination of both. You can also designate the Theatre as a recipient of a pension plan, IRA or life insurance.
Q. I understand that I can retain income from a charitable contribution. How does that work?
A. If you would like to make a current gift but do not want to give up an income stream from it, you might consider a Charitable Gift Annuity (CGA) or Charitable Remainder Trust (CRT). Both of these gifts allow you to make a donation of marketable assets, keep the income from the gift while you are alive as well as derive immediate tax benefits. Any remaining income and principal at the death of the beneficiary – or beneficiaries in the case of a couple – will benefit the Theatre. While a CGA can only benefit one nonprofit organization, a CRT can have multiple beneficiaries. Asolo Repertory Theatre does not manage CGAs but both Gulf Coast Community Foundation and Community Foundation of Sarasota County will do so for our benefit. For CRTs, Asolo Repertory Theatre cannot serve as a trustee, but most larger financial institutions can do so. We can work with your professional advisor to make sure your wishes are carried out.
Q. Who should I talk to about making a planned endowment gift?
A. These contributions should be made in consultation with your professional advisor(s) and with an Asolo Repertory Theatre development staff member. Please contact Tricia Mire, Director of Development at (941) 351.9010 ext. 4700
RETURN TO THE CAMPAIGN OVERVIEW
Producing Artistic Director Michael Donald Edwards – Managing Director Linda DiGabriele
Email: firstname.lastname@example.org – Address: 5555 North Tamiami Trail : Sarasota, Florida 34243