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Donor Spotlight: Susan Porter

Photo of 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!

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