The Memorial Society
The Memorial Society provides an opportunity for donors to show their commitment to the Tivoli Theatre Foundation’s future by making a planned gift. There are many ways to support the foundation’s cultural and educational programs and our preservation and restoration efforts while receiving tax benefits for yourself, your family, and your heirs.
The Memorial Society is named in honor of our Soldiers and Sailors Memorial Auditorium.
If you have already included the Tivoli Theatre Foundation in your estate planning, please let us know. We would like to recognize you and thank you for being a part of the Memorial Society. Download our intent form here and return it to Amanda Fabrizio-Grzesik at amanda@tivolichattanooga.com.
Bequests
Interested in helping the Tivoli Theatre Foundation but aren’t ready to write a check or part with your assets today? A simple, flexible, and versatile way to ensure your support for years to come is by making a gift outlined in your will or living trust, known as a charitable bequest.
Download recommended language to use when making your bequest here.
Beneficiary Designations
Name the Tivoli Theatre Foundation as a beneficiary to receive assets such as retirement plans and life insurance policies after your lifetime. It’s an easy and flexible way to give. You aren't locked into the choices you make today; you can review and adjust beneficiary designations at any time. And because TTF is tax-exempt, the organization receives all, rather than just a portion, of your gift.
IRA Charitable Rollover
If you are 70 1/2 years old or older, you can give up to $100,000 from your IRA directly to the Foundation without having to pay income taxes on the money. If you are 72 years or older, this will satisfy your Required Minimum Distribution. Your gift will be put to use today, allowing you to see your philanthropic dollars at work and jump-starting the legacy you would like to leave.
Accounts other than IRAs that also have RMD requirements at age 72 include SEP IRAs, SIMPLE IRAs, 401(k)s, and 403(b)s.
Charitable Remainder Trusts
A Charitable Remainder Trusts (CRT) are gifts of cash or other property to an irrevocable trust. You receive an income stream from the trust for a term of years or for life and the named charity receives the remaining trust assets at the end of the trust term. You generally receive income tax charitable deduction when the CRT is funded based on the present value of the assets that will eventually go to The Foundation.
Donor-Advised Funds
A Donor-Advised Fund (DAF) is a giving account established at a public charity. It allows you to make a charitable contribution, receive an immediate tax deduction, and then recommend grants from the fund over time. You can contribute to the fund as frequently as you like, and then recommend grants to The Foundation whenever it works best for you.
Gifts of Appreciated Stock
By donating stock that has been appreciated for more than a year, you are giving 20 percent more than if you sold the stock and then made a cash donation. Plus, you are still eligible to deduct the full fair-market value of the asset you donated from your income taxes, up to the overall amount allowed by the IRS. And remember that your appreciated assets can also include assets that are not publicly traded.
Memorial and Tribute Gifts
Establishing a memorial or tribute gift is a meaningful way to honor a loved one's life or celebrate a special occasion while supporting the Foundation. Your memorial or tribute gift will expand your loved one's legacy and make a difference in the lives of our students and in our beloved theatre. Learn more here.
Endowed Gifts
You have the power to help safeguard the future of the Tivoli by making an endowed gift. Your gift is an investment in TTF’s future, helping our education programs grow and providing funding for preservation and restoration for years to come. The principal is invested, and a portion of the principal’s earnings are used each year to support its mission.
DISCLAIMER
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. State law may further impact your individual results.
For more information, please contact Director of Development, Amanda Fabrizio-Grzesik at amanda@tivolichattanooga.com.
Logo courtesy of Brittany Adcox
