A planned gift to Grand Teton Music Festival is an impactful way to support our mission and programs for years to come. In 2013, GTMF was the recipient of a generous and humbling bequest from the estate of Pike and Sue Sullivan. The gift brought the Festival’s endowment funds to more than $10 million, and we have created The Sullivan Society in their honor.
This society commemorates benefactors who create bequests, charitable trusts, and other planned gifts that leave lasting legacies for the Festival. Members of our Sullivan Society play a key role in ensuring our long-term growth and fiscal stability. If you have already made a planned gift to Grand Teton Music Festival, we would be honored to welcome you to the Sullivan Society and invite you to complete this membership form.
Types of Planned Gifts
- A charitable bequest, which is one of the easiest and most impactful way to change the future of Grand Teton Music Festival, is a specific dollar amount or percentage of estate designated through will.
- A gift of life insurance is the transfer in ownership of a paid up policy and can provide a charitable income tax deduction.
- A gift of a retirement account, such as an IRA, can be made by designating GTMF as beneficiary on an account. The IRA Qualified Charitable Distribution (or rollover) allows for individuals over 70 1/2 to donate up to $100,000 instead of taking their required minimum distributions.
Sample Bequest Language
I give, devise, and bequeath (specific gift: dollar amount, percentage of estate, or rest and residue of estate) to Grand Teton Music Festival – Tax ID number 23-7034152 – to be used for the general purposes of the organization.
For more information on planned giving, please contact Andy Mahoney, Acting Development Director, at 307.732.9962 or firstname.lastname@example.org.
All information provided is intended to assist individuals in their charitable planning. It is not legal advice and should not be relied on as such. Please contact your legal advisor to discuss how this information can benefit you as you consider your philanthropic and financial goals.