There's a simple way for you to support LA Opera and have dependable income in your retirement years. You can do this with a charitable gift annuity (CGA).
A charitable gift annuity involves a simple contract between you and LA Opera’s philanthropic partner, The Music Center Foundation. You agree to make a gift to LA Opera and we, in return, agree to pay one or two beneficiaries (for example, you and a spouse) a fixed amount each year for your lifetime(s).
CGAs require a minimum funding of $10,000.
This type of irrevocable donation can provide you with regular payments and can help LA Opera to further our mission. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction when you itemize. Using appreciated assets, such as publicly-traded securities, may also provide capital-gains tax advantages.
HAVE QUESTIONS?
Contact our Planned Giving team at 213.972.3141 or legacy@laopera.org.
Disclaimer: LA Opera provides information intended to introduce certain concepts, and we caution prospective donors not to rely on it for any legal, tax, investment, or other purpose. We encourage those considering a gift to consult their professional advisors before making any gift.
