LEGACY GIVING

 

Help us ensure that Penguin Rep Theatre can continue to create theatre of the highest quality for many generations to come.

We are pleased to announce a new avenue for charitable support via direct gifting of assets through our local brokerage account. The gifts may include assets, such as stocks, bonds or municipal funds from any account or as part of an annual distribution from an IRA. For more information, contact Andrew M. Horn.

 

Bequests

Leaving a bequest of any amount to Penguin Rep Theatre makes a notable difference to our future sustainability and growth; it is also the most flexible of gifts, as it allows you to tend to your needs and those of your loved ones first.

 

There are several ways to include Penguin Rep Theatre in your plans – and each may qualify for an estate tax deduction. You can design your bequest to give all or a percentage of our estate to Penguin Rep Theatre, a specific dollar amount, or a particular asset; you may also name Penguin Rep Theatre as a residuary or contingent beneficiary of your estate.

 

Gifts of Life Insurance

If you own life insurance and no longer need its protection, you can give that policy to Penguin – making Penguin Rep Theatre the owner and the irrevocable beneficiary of the policy. By doing this, you may be entitled to an income tax deduction for the gift.

 

Retirement Plan Designations

You may designate Penguin Players Ltd. as a beneficiary of your IRA, 401(k), or other qualified retirement plan. In order to accomplish this, you will need to contact your retirement plan administrator to request the necessary forms. In general, the process for doing this is a simple one, and there can be significant tax savings, but as with any charitable gift, you should consult your professional advisors to be sure such a gift fits in well with your overall plans.

 

And that’s not all:  There are many other ways to carry out your philanthropy, both long- and short-term, and we would value the opportunity to explore them with you in a strictly confidential manner.For more information, contact Andrew M. Horn, Executive Director