Include Main Stage in your Will or Trust

Legacy gifts through Main Stage Community Theatre provide donors with the opportunity to make a substantial charitable donation while also securing a stable funding source for the Theatre. You have many options to choose from, some of which might enhance your immediate financial security and/or that of your loved ones. You can guarantee that your voice will carry on by naming Main Stage Community Theatre as a beneficiary through one of the following methods.

For one-time or recurring gifts, please click here:

BEQUEST THROUGH YOUR WILL OR TRUST TO MAIN STAGE COMMUNITY THEATRE

  • Specific dollar amount

  • Specific percentage of your estate

  • Specific percentage of your residuary estate (the amount or percentage that is left after all other bequests and expenses have been fulfilled)

A BENEFICIARY OF A PORTION OF OR ALL OF:

  • A life insurance policy

  • A financial institution (bank, CD, brokerage) account

  • A retirement account

WHEN MAKING A BEQUEST…

Your attorney may wish to use the following language when making a bequest:

“I give, devise, and bequeath Main Stage Community Theatre, a nonprofit organization with the federal tax id
58-2325670, located at PO Box 3661, Bluffton, SC 29910, the sum of $ (or describe the real or personal property or portion of the estate) to be used for general purposes.”

As with any decision involving your assets, please consult your attorney and/or tax advisor when considering a planned gift.

OTHER WAYS TO GIVE:

Endowment Legacies
Endowments are named gifts that are invested in perpetuity. The annual interest income from an endowment then supports specific programs and needs at Main Stage Community Theatre. Endowments are established through outright gifts, a will, insurance or retirement policies, trusts, and other planned gifts.

Charitable Remainder Trusts
Charitable remainder trusts allow you to transfer assets into an irrevocable trust that will provide you and or your beneficiaries with fixed percentage payments for life, or for a set period of time. Upon termination of the trust, the remaining assets are distributed to Main Stage Community Theatre to be used for the purpose specified by the donor.

Life Insurance
The gift of a life insurance policy can be a great way to combine charitable objectives with tax advantages to the donor. This is possible because donors may receive an income tax deduction by naming Main Stage Community Theatre as a partial beneficiary or owner of a life insurance policy.

Real Estate
Real Estate may be given outright, used to fund a charitable reminder trust, or given as a life estate (see below).

Life Estate Agreements: In a life estate agreement, the donor transfers the title of his or her real property to Main Stage Community Theatre. In return, the donor reserves the right to use the property throughout the donor’s lifetime. Upon the death of the donor, the property becomes an asset of Main Stage Community Theatre.