Support Great Chamber Music
In 2006 Chamber Music Charleston began with a handful of performances in the beautiful, historic homes of Charleston.
With your support and enthusiasm we have grown to an organization that presents over 65 annual concerts, becoming an integral part of the cultural fabric of the Lowcountry.
We welcome you to join us as we continue inspiring audiences of the present while creating audiences for the future.
PLANNED GIVING:
Legal Name and Address
Chamber Music Charleston
PO Box 80072
Charleston, SC 29416
Federal Tax ID
06-1778633
Chamber Music Charleston is a 501(c)(3) nonprofit organization.
Sample Bequest Language
I hereby give, devise, and bequeath to Chamber Music Charleston [the sum of $_____] OR [_____ percent (%) of the rest, residue and remainder of my estate] to be used to support CMC’s general operating expenses at the time the gift is received.
While bequests are the most common type of planned gift, other possible types of planned gifts include, but are not limited to:
– Beneficiary designation in your retirement account
– Charitable gift annuity
– Life insurance
– Real estate
We recommend you consult with your attorney or tax advisor about the tax benefits associated with various planned giving instruments, and restrictions that may apply to your specific situation.
Making a Gift of Stock to Chamber Music Charleston
Thank you for considering a gift of securities to benefit Chamber Music Charleston. To process this gift, please provide your broker with the following information:
Name: Charles Schwab & Company, Inc.
DTC Number: 0164
Account Name: Chamber Music Charleston
Account Number: 9011-3760
Broker: David Aylor
Phone: 843.856.1381
Fax 843.971.4760
Please contact the Chamber Music Charleston at (843)763-4941 or by emailing sandra@chambermusiccharleston.org to inform us of your gift, so that we may properly acknowledge your gift and provide you with a tax receipt for your records. We appreciate it if you could provide us with your name, mailing address, and name and number of securities transferred.
For more information, see https://www.irs.gov/publications/p526
Making Gifts to Chamber Music Charleston from your IRAs
If you are 70 ½ or older, you are eligible to make a distribution from your IRA to Chamber Music Charleston without paying income tax on the contribution. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.
This IRA charitable rollover possibility was made permanent when the Protecting Americans from Tax Hikes (PATH) Act of 2015 was passed by Congress and signed into law by the president on December 18, 2015.
Restrictions:
~ The distribution must be made from an IRA (other retirement accounts are not eligible).
~ The recipient must be an eligible charitable organization.
~ The IRA’s owner must be at least 70½ years of age.
~ The distribution must be made directly to the charity by December 31.
~ The distribution must otherwise be fully deductible as a charitable contribution.
~ The distribution must otherwise be included in gross income.
In order to make a gift, please contact your IRA administrator requesting a direct charitable distribution to Chamber Music Charleston in the amount you desire. This letter should include CMC’s Tax ID number, 06-1778633.
For more information, see https://www.irs.gov/publications/p590b
To view a sample letter requesting an IRA distribution to Chamber Music Charleston, please click here. To view a sample letter informing Chamber Music Charleston of an IRA distribution, please click here.
or for more information, call 843-763-4941 or email sandra@chambermusiccharleston.org.
We cannot provide personal tax advice and recommend consulting a tax advisor for your individual situation.
Donor Advised Funds
A donor advised fund (DAF), which is like a charitable savings account, gives you the ability to recommend how much and how often money is granted to Chamber Music Charleston. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.
Please note, donating through a DAF may limit the donor benefits you can receive. Because a maximum tax deduction is received when funds are contributed through a DAF, a donor cannot legally receive any benefits with a fair market value gift. CMC will provide relevant benefits in your appropriate giving circle that have insubstantial or no fair market value.