So much has changed since All Classical Portland began. What was once a struggling—almost experimental—operation has become a permanent and positive presence in the lives of so many in Oregon and across the globe.
We continue to seek and depend on regular membership contributions from listeners. But, in the long run, our future will depend more and more on special gifts from long-time friends who want to help All Classical Portland become stronger and more stable in the future.
The benefits for those who give to All Classical Portland are many – from leaving a lasting legacy to laying a cornerstone for the future.
One of the many ways that listeners express their deep commitment to public radio and All Classical Portland is by naming All Classical Portland Public Media in their will or trust. This is a way you can make a lasting contribution without affecting your current financial security and freedom.
Naming All Classical Public Media, Inc. (tax exempt ID 93-1042868) in your Will or Living Trust is an easy way to make a timeless gift. You may choose to leave a specific amount of cash, securities, or other assets; a percentage of your total estate; or the residual assets after other commitments have been fulfilled. All Classical Portland can provide you and your legal counsel with the appropriate bequest language to include in your Will.
Naming All Classical Portland as a full or partial beneficiary of your IRA or other qualified retirement plan is a simple way to provide for the future of the station, while avoiding estate and income taxes. All Classical Portland can provide you and your financial advisors with the appropriate designation language to include in these financial vehicles.
Life Income Gifts
Split-interest charitable gifts provide you and loved ones with a secure income stream for your lifetime or for a specific number of years, an income tax deduction in the year of the gift, and other tax benefits.
- Charitable Remainder Trust: A Charitable Remainder Trust is created with an irrevocable transfer of assets to create a trust that provides income to one or more beneficiaries for life or a specified term of years. The annual income can be a fixed amount or variable.
- Charitable Gift Annuity: A Charitable Gift Annuity provides you and your designated beneficiary with a stream of annual fixed payments for life in return for an irrevocable gift. The recommended payment rates are based on the age of the annuitant (the older, the better) and a portion of the income payments are initially tax-free.
Do I really need a will?
Yes. Every adult can and should leave instructions as to what will become of his or her property. In the absence of these instructions, state laws take over and your property may be distributed to distant relatives, or, if none are found, possibly to the state itself.
But I don’t really have an “estate”
If you take time to record all of the property you own, you may be surprised to see that it begins to add up. And, if you have particular items that you would like to go to certain individuals, your will can help. Regardless of the size of your estate, you can benefit by taking the time to see an attorney and have a simple will drafted.
What if I already have a will?
Your Will may be just fine as it is, but many people find that changes in circumstances may affect their plans. Marriages, births, deaths, divorces and other changes, such as moving to another state, are all good reasons for reviewing your plans.
If your previous beneficiary wishes have changed, you may want to update your plans. And if you would like to leave part of your legacy to worthy causes and institutions, including All Classical Portland, this may be the time to take action.
How You Can Make a Planned Gift
One of the most satisfying things you will be able to do by taking time to plan your estate is to make decisions to benefit some of the worthy institutions and organizations you have been supporting. In fact, many of the most significant gifts that nonprofits receive come from the estates of regular contributors who decide to share a portion of their accumulated assets later on, after taking care of family and friends.
All Classical Portland’s long-term stability is based on solid planning, which will ensure that we are here in the future to serve Northwest Oregon and Southwest Washington. Your thoughtful choice to include All Classical Portland in your estate plans would go a long way toward helping make this future a reality.
You may choose to give a percentage of your estate, or all or part of the residue that is left over after all other bequests are made. Specific sums and other property are also welcome. You may decide to have your bequest support annual operating or you may decide to have it become a gift in perpetuity within our Endowment Fund managed for us by the Oregon Community Foundation in Portland.
Suggested Language for your will
“I devise to All Classical Portland Public Media, Inc., an Oregon Nonprofit Corporation (EIN 93-1042868), 211 SE Caruthers Street, Suite 200, Portland, OR 97214, the sum of $________ (or the ______% of the estate) (or all the rest, residue and remainder of my estate or trust) to be used for carrying out its classical music mission.”
Is my will private?
Unless you choose to share it, it will remain private. Wills generally become part of the public record available from the court after death. Trusts, on the other hand, can remain confidential.
If you choose to remember us in your plans, we welcome your letting us know so we may say “thank you!” If you prefer, we will keep the fact of your bequest intention confidential. We understand fully if you prefer not to share specific amounts or if you have no way of knowing what might be left over for your charitable gifts.
For more information
There are many ways to plan special gifts for All Classical Portland Public Media and your other charitable interests; a bequest through your Will is just one. Whatever your plans may be, we encourage you to call or write for more information, without obligation.
Amy Clayton, Major Gifts Officer
Note: All Classical Portland cannot render legal or tax advice. The services of an attorney or other professional advisor should be obtained.
Gifts of Securities
All Classical Portland Public Media routinely receives gifts from members of stocks or securities. Appreciated stock gifts may yield distinct tax advantages for you. To find out more, please consult your financial advisor.
If you have a broker managing your investments, you can save both time and effort in making a gift of stock. The stocks you contribute will be sold and the resulting money deposited to the All Classical Portland Public Media fund you specify.
If you hold stock certificates you wish to contribute, contact Amy at 503-802-9405 first to avoid delay in processing and recognizing your gift. There are a number of forms which will require your signature, including a limited power of attorney, which you should then return with your stock certificates.
To learn more about gifts of stock and alternative gift contributions, visit our stock gift information page, Please contact Amy for information, or have your broker call us for specific wiring instructions. Your call will be treated with the utmost confidence.