Did you know that you can memorialize your support of the Philadelphia Chamber Music Society? Legacy gifts perpetuate your love of great music and help to ensure that, for generations to come, audiences and artists will continue to be enriched by all that the Society offers. Your gift honors your commitment to the arts in Philadelphia and provides an example of dedicated philanthropy for others to emulate.
Legacy gifts become part of the Society’s endowment fund, which is carefully managed by our board Investment Committee. The principal is never spent; instead, the fund provides much-needed investment income to support the Society’s annual artistic and educational programming. We thank you for helping to ensure the future of great music-making in our city by considering a legacy gift.
The Philadelphia Chamber Music Society, Inc. is incorporated as a 501(c)3 non-profit organization.
Planned Giving Options
One of the easiest and most popular ways to make a planned gift is to include the Philadelphia Chamber Music Society in your will or trust. There are no minimum dollar requirements.
You may leave a designated amount for restricted use that coincides with your artistic or educational interest or, leave the funds undesignated, allowing PCMS to use them where they’re needed most. Charitable bequests qualify for a 100% charitable deduction for estate tax purposes.
If you already have a will, adding a codicil – an amendment – is easy. Consult with your estate advisor for details. Sample language for leaving an unrestricted general bequest:
"I hereby bequeath to the Philadelphia Chamber Music Society, Inc., a nonprofit corporation organized and operating under the laws of the Commonwealth of Pennsylvania, the sum of $_______(or ___ percent of the rest, residue and remainder of my estate) to be used for the general purposes of the Society (or for a particular program of your choosing)."
If you have already remembered PCMS in your will and would like to become a member of the Anthony P. Checchia Legacy Society, please contact Patricia Manley, Director of Advancement, by phone at 215-569-8587, or by e-mail at [email protected].
Gifts of Plans and Policies
IRAs and qualified retirement plans like 401(k)s or 403(b)s are some of the best assets to leave to charity. You may also designate the Philadelphia Chamber Music Society, Inc. as owner and/or beneficiary of a life insurance policy. Notify your plan or policy administrator of your intention and complete a “change of beneficiary” form.
This page is intended to provide information of a general nature only. The Philadelphia Chamber Music Society does not provide estate planning services. We encourage you to discuss your intentions with your family and legal or financial advisors.