Planned Giving

Planned Gifts can help you achieve your personal financial goals while supporting the Binghamton Philharmonic with a gift that is meaningful and sensible.

These are just some of the ways to make a Planned Gift to the Binghamton Philharmonic:


A charitable bequest is a transfer of assets (cash or securities) or property at death by will to a non-profit organization.

Benefits: Make a gift that costs you nothing today and gives your estate a tax deduction. To make a charitable bequest, contact your attorney to decide on the specifics of the gift and draft a will or add a codicil to your existing will. Then, please let us know as we would very much like to acknowledge your generosity!

"I would like to help guarantee a vibrant future for symphonic music"

Life Insurance

Make the Binghamton Philharmonic the owner and beneficiary of your policy and take an income tax deduction.

Benefit: Realize immediate tax benefits from existing policies that are no longer needed.To make a gift of life insurance, please seek the advice of legal and financial planners."For me, the orchestra is an indispensable part of our arts community"

IRA, 401 (k)

For individuals 70 or older (up to $100,000).

Benefit: You do not have to count the transfer as income for federal income tax purposes. To make a gift through your IRA, instruct your plan administrator to make a direct rollover to the Binghamton Philharmonic."I want my grandchildren to be able to attend an orchestra concert here in Greater Binghamton"

Charitable Remainder Trust (CRT)

A trust for charity with tax advantages.

Benefits: You can make a generous gift to the Binghamton Philharmonic while increasing your spendable income for life or for a fixed number of years. You can also choose to have income from the trust provided to a beneficiary of your choosing. To establish a Charitable Remainder Trust, please consult with your attorney and financial advisers to choose the best type of CRT to achieve your goals."I love giving to the arts!"

Appreciated Securities

Appreciated securities are stock or bonds you have owned for at least one year.

Benefits: You receive an income tax deduction based on the fair market value of the security at the time of the gift and you avoid any capital gains tax. To make a gift of appreciated securities, have your bank or broker contact David Cahill, NBT Bank, at 607.797.5627 to make the arrangements. Your broker probably requires a letter of authorization.

"I want to share the joy of music with others"

Real Estate

Donate your real estate to us.

Benefits: You can avoid capital gains tax and claim an income tax deduction. To make a gift of real estate, contact your attorney or tax adviser.