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.
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. 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.
What is a will?
A legal document in which a person states who should receive his or her possessions after he or she dies.
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.
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.
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.
What is an estate?
Possessions, Property; the assets and liabilities left by a person at death.
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 is a trust?
A relationship between parties in which one, the trustee or fiduciary, has the power to manage property, and the other, the beneficiary, has the privilege of receiving the benefits from that property.
What is a Living Trust?
A trust that becomes effective during the lifetime of the settlor —called also inter vivos trust.
Two types of Living Trusts:
- Revocable: You can make changes or revoke the trust at any time.
- Irrevocable: After the assets are given away, you no longer have control.
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: An Irrevocable trust that generates a potential income stream for you or your beneficiates, with the remainder of the donated assets eventually going to one or more nonprofit organizations you select.
- Charitable Gift Annuities: A contract with a nonprofit organization, in which you provide a gift and, in exchange, the nonprofit guarantees you income for life.
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.”
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.