A legacy, or planned, gift allows you to sustain the work of the Heifetz Institute, and to connect your personal legacy to that of the Institute’s and our students by providing critical support for our programs and initiatives. While we rely on annual contributions and foundation support to meet our operating budgets, legacy gifts provide an assured base of support that can transform our organization. Furthermore, such forms of giving may also help you and your family meet your individual financial and estate planning goals, avoid capital gains taxes, reduce your estate taxes, or receive an income tax charitable deduction in a variety of ways.
You may commit to our long-term success in a variety of ways, such as including the Heifetz Institute as a beneficiary in your will, retirement plan (401(k), 403(b), IRA), or life insurance policy. You may also contribute to our endowment to continue your annual support for years to come – each year a portion of the annual investment income is put towards general operating support, while the principal remains intact and grows over time. Legacy gifts may also include the establishment of named scholarships, faculty positions, or programs in perpetuity.
Sample language for establishing a planned gift:
“I give to the Heifetz International Music Institute, a Virginia nonprofit corporation located in Staunton, VA, or its successor organization, the sum of $ _________ (or % of my estate), (or other personal property herein described) to be used for its general support and charitable purposes without restriction.”
Our Federal Tax ID number is 52-1959289
We’re happy to provide more information about wills, bequests, and other planned giving opportunities. To learn more, or to inform us of your intent to include the Heifetz Institute in your estate plans, please contact Andrew Green at (540) 907-4446 or e-mail email@example.com.