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Seattle Opera.

Leave a Legacy

You can leave a legacy

and become a legend 

You don't need to be a famous singer, a renowned composer, or an affluent patron of the arts to make a lasting impact on Seattle Opera. Learn how easy making a planned gift can be. And you, too, can be a Seattle Opera legend.

What is a planned gift?

Whether you have created a will or not, there is a plan for your assets after you die. Unless you create a will, your assets will be divided according to state law. A planned gift is a way of conveying your values and supporting the people and organizations you love.

A planned gift is a contribution arranged in the present allocated at a future date. Commonly donated through a will or trust, planned gifts are most often granted after you have passed away. By making a planned gift to Seattle Opera, you are ensuring the longevity and vitality of opera in the Pacific Northwest for years to come. 

How do I make a Planned Gift? 

Bequests

You can leave Seattle Opera a gift in your will or living trust.

The following text can be used by testators or attorneys when drafting bequest language for gifts to Seattle Opera. Seattle Opera Foundation is a separate 501(c)(3) organization which holds and invests funds, including endowed funds, on behalf of Seattle Opera.

Before revising the bequest language, if you wish to restrict a particular gift, or if you wish to make a gift to Seattle Opera Foundation please contact planned.giving@seattleopera.org for more specific language.

BEQUESTS TO SEATTLE OPERA
Bequest for a Fixed Dollar Amount
"I give to Seattle Opera, a Washington not-for-profit corporation (TIN 91-0760426), the sum of _______ dollars ($____) to be used for unrestricted purposes [or specify purpose]."

Bequest of Specific Property
"I give to Seattle Opera, a Washington not-for-profit corporation (TIN 91-0760426), [description of property] to be used for unrestricted purposes [or specify purpose]."

Bequest of Residual Estate
"I give to Seattle Opera, a Washington not-for-profit corporation (TIN 91-0760426), ____ percent (____%) of the residue of my estate to be used for unrestricted purposes [or specify purpose]." 

IRA Rollover

You can make a qualified charitable distribution (QCD) to Seattle Opera from your IRA (individual retirement account), you may donate up to $100,000 to support the art form you love—without having to treat the distribution as taxable income like you would when taking a required minimum distribution (RMD).
In order to qualify, a QCD must go directly to a public charity like Seattle Opera and meet certain requirements:
  • You must be at least 70½ years old.
  • The age for required minimum distribution (RMD) from an IRA has increased to 73 effective on January 1, 2023. (IRA owners turning age 72 in 2023 would not be required to take RMDs in 2023.)
  • You must decline goods or services.
  • The maximum annual amount allowed for a QCD is $100,000. This applies to the sum of all QCDs made to one or more charities in a calendar year. If you are married and file taxes jointly, your spouse may also make a QCD from his or her own IRA within the same tax year for up to $100,000—or a total of $200,000.
  • For a QCD to count toward your current year's RMD, the funds must come out of your IRA by your RMD deadline, generally December 31.

Take advantage of this tax-wise opportunity to support Seattle Opera! Contact your IRA plan administrator and ask them to directly transfer your desired contribution to Seattle Opera before midnight on December 31. Our charitable tax ID number is 91-0760426. Please consult your tax or financial adviser for additional information about making a qualified charitable distribution.

Beneficiary

Don’t want to commit to making a gift in your will or estate? You can easily designate Seattle Opera as a beneficiary of your IRAs and retirement plans, Life insurance policies, Commercial annuities, or Donor Advised Funds.

It only takes three simple steps to make this type of gift.
1. Contact your retirement plan administrator, insurance company, bank or financial institution for a change-of-beneficiary form.
2. Decide what percentage (1 to 100) you would like Seattle Opera (TIN 91-0760426) to receive and name us, along with the percentage you chose, on the beneficiary form.
3. Return the completed form to your plan administrator, insurance company, bank or financial institution.

Named Endowment through Seattle Opera Foundation

If you are interested in creating a Named Endowed Fund through the Seattle Opera Foundation, please contact Director of Development Chris Burkett at chris.burkett@seattleopera.org for more information. 
Seattle Opera and Seattle Opera Foundation policies provide that a named endowed fund shall be created with a bequest of $100,000 or more. The Seattle Opera Foundation charitable tax ID number is EIN: 91-1174712.


Join our Encore Society

       and enjoy benefits now for leaving a legacy.

The Encore Society is Seattle Opera’s way of honoring our very special donors who have made a commitment to the longevity and vitality of opera by including us in their estate plans. Donors that direct their gifts - wills, trusts or other planned gifts to Seattle Opera for outright support OR to the Endowment for Seattle Opera for permanent investment are recognized throughout the season. There are no dues or obligations with this program, but as a member, we are delighted to offer you a special set of benefits:

  • Invitation for two to the annual Encore Society recognition event
  • Special recognition in Seattle Opera's performance programs
  • Invitation to Seattle Opera's annual meeting
  • Encore Society benefits are in addition to those received for annual support
  • Donor lounge access for one show per season

To join, please email us at planned.giving@seattleopera.org.

 

Seattle Opera’s Federal tax ID number: 91-0760426

Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.