Laureate Society and Endowment Fund

"What we have done for ourselves alone dies with us; what we have done for others and the world remains and is immortal."

GPAC Laureate Society

This society honors those many friends who have made a financial provision for GPAC in their estate plans. It is the perfect vehicle to express your love for the arts and this community. It is ideal for those who wish they could do more, but are not in a position to do so at this time. We require no specifics, there is no minimum level, and revocability is not a problem. It is the giving plan with the donor in mind.

Planned Gift Opportunities

There are many ways to make a planned gift that can be tailored to fit your best interests, from tax advantages, to the type of programming you wish to support here at GPAC. We encourage you to consult your legal or financial advisor to see if a legacy to GPAC could be beneficial to you and your loved ones. Following is a list of traditional planned giving opportunities:

The Bequest

A bequest is a statement of intent that can be inserted in your will, in a
codicil to your will, or a living trust. It can be established as a specific dollar amount to be left to GPAC, or as a general percentage of your estate. The gift may be given free of estate and other taxes.

Life Insurance, IRA or Retirement Plans

Naming GPAC as beneficiary may possibly avoid both estate and income tax consequences upon death, while greatly benefiting the programs at the Centre.

Charitable Remainder Trusts, Charitable Gift Annuities

These vehicles may provide a steady stream of income for you or your loved ones along with substantial tax savings ranging from avoidance of possible capital gains tax to income or estate tax deductions.

Charitable Lead Trusts

These may be established to both avoid gift and estate tax consequences to you, and provide an income stream to GPAC for a term of years. At the end of the specified time, the principal of the trust passes directly to your family or named beneficiaries.
 

For more information on planned giving at the Germantown Performing Arts Centre, please call Deni Hirsh, at 901.751.7505.

 

The GPAC Endowment Fund

The Future is in Your Hands

The GPAC Endowment Fund uses the income from your gift to support IRIS, productions, and operations at the Centre. Please call Deni Hirsh to discuss ways to make endowment gifts, at 901.751.7505. You may designate your gift as either a pure endowment gift, (income from principal only), or a production endowment gift (both income and principal may be used).

Our first completely endowed Chair:
The Isaac Stern Concertmaster's Chair, made possible by gifts from the following individuals:

• Mrs. Ben K. Baer
• The Norman Brown Family
• Jerome and Sandy Goldstein
• Donna and Bob Goodman
• Jody J. Hunter
• The Knapp Family
• Dr. Kristine Lohr
• Milton and Joan Schaeffer
• Clyde Springer Memorial
• Delores Kinsolving
  

The endowment fund consists of those esteemed supporters who have designated a special gift to benefit GPAC in the future through bequests, life insurance, IRA's, trusts or other planned giving arrangements. These generous gifts ensure our artistic progress well into to the future.

For more information please call Deni Hirsh at 901.751.7505.