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The New York Philharmonic

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Charitable Remainder Annuity Trust

Charitable Remainder Annuity Trust Diagram

How It Works

  1. Create trust agreement stating terms of the trust; transfer cash or other property to trustee
  2. Trustee invests and manages trust assets and makes payments to income beneficiaries you designate
  3. Remainder to the Philharmonic for purposes you specify

Benefits

  • Payments to one or more beneficiaries that remain fixed for the life of the trust
  • Federal income-tax deduction for the charitable remainder value of your interest
  • No capital-gain tax when trust property is sold
  • Trust remainder will provide generous support for the Philharmonic

More Information

Contact Us

The Office of Planned Giving
212-875-5753
gyoryh@nyphil.org
nyphil.org/support-us/give-in-other-ways

 

New York Philharmonic
David Geffen Hall
10 Lincoln Center Plaza
New York, NY 10023

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