Donor Spotlight: Susan Porter
We sat down with Heritage Society member Susan Porter, an attorney who specializes in estate planning and tax law. Her motto? Planned gifts cost nothing today.
Q: Why do you support the New York Philharmonic?
A: New York Philharmonic Laureate Conductor Leonard Bernstein once said: “Art cannot change events. But it can change people.” For me, that’s what it’s all about. I feel exhilarated and refreshed each time I attend a concert, and that’s why I give back.
Q: What do you hope to accomplish with your bequest gift?
I grew up in Wisconsin and received a high-quality public school music education. I learned to play violin, cello, and piano and went on to minor in music composition at Vassar College. I hope to offer young people in the five boroughs of New York City the same experience I had, which is why I am especially enthusiastic about the New York Philharmonic’s education programs.
Q: What advice would you give those who are considering making a planned gift to the New York Philharmonic?
Supporting the New York Philharmonic can cost you nothing today. Promised estate gifts, such as bequests, are important for the Orchestra’s long-term planning. You can enjoy knowing that you’re sharing the Philharmonic’s performances and education programs with our great and diverse city — and the world!
There are many options when making a planned gift. Another way you can make a gift is to name the New York Philharmonic as a beneficiary of your IRA or retirement plan. Since traditional IRAs and 403(b) distributions are taxable income to beneficiaries, many people leave other non-taxable assets to family and friends and direct the remainder of retirement accounts to qualified charities — including the New York Philharmonic.
Every gift counts!
© Pentera, Inc. Planned giving content. All rights reserved.