The Heritage Society of 1881 was created to build long-term stability for the future of the Newberry Opera House and the future of Newberry. It will provide an extra stream of income to meet the increasing demands of our world, the higher prices of artists, the cost of marketing the Opera House and our region, and the costs of maintaining a historic facility. We invite you to invest in tomorrow by joining the Heritage Society of 1881 today!
A Member of the Heritage Society is anyone who informs the Newberry Opera House Foundation that he or she has made provisions in their will, or estate plan, naming the Newberry Opera House Foundation a beneficiary. In doing so your name will be prominently displayed in the Newberry Opera House. These commitments will insure a vibrant life for the Opera House.
Planned Gifts Help Preserve the Opera House
There are many ways you can leave a legacy to sustain the Newberry Opera House for generations, while at the same time providing yourself and your family (or other beneficiaries) with significant tax benefits. In addition to, tax-deductible cash gifts, there are other creative ways to give, including:
- Gifts of stock or other assets
- A bequest in your Will
- A beneficiary designation on a life
- Life Income Gifts
- 401(k) plan or IRA
- Charitable Lead Trusts
Planned gifts can offer many advantages to help you meet your overall financial goals, and help The Newberry Opera House in its long-term financial planning. Thoughtful gift planning can enhance both the value of your estate and your bequest to The Newberry Opera House.The CARES Act, enacted into law on March 27, 2020, allows taxpayers who do not itemize deductions to deduct up to $300 for contributions made to qualifying charities, and those who itemize may deduct cash contributions in 2020 in an amount of up to 100% of their adjusted gross income.
Please consult your tax advisor for details.