In 2014, we announced the creation of the Kilty Encore Legacy Society at Greater Boston Stage Company. The society recognizes those individuals who have made a planned gift (a financial gift to the theatre which will come at the end of their life) to leave a supportive legacy so professional theatre in Stoneham can be enjoyed by patrons for many years to come.
The Society has been named in honor of Patricia A. Kilty, dedicated supporter and a Guild founder, whose commitment to Stoneham and the theatre has spanned decades. Pat has indicated that she has remembered the theatre in her estate planning and is proud to share that fact with theatre donors, in hope that her participation will inspire others to make a pledge to support the future of Greater Boston Stage Company.
KILTY ENCORE LEGACY SOCIETY MEMBERS
AS OF JULY 15, 2015
Donald E. Fulton
Patricia A. Kilty
Elizabeth W. McNelis
We encourage you to notify the Development Office at 781-587-7900 if you have already made legacy gift plans so we may appropriately recognize you.
A NOTE FROM PATRICIA A. KILTY
PLANNED GIFT OPTIONS
By adding Greater Boston Stage Company to your will or living trust, you will be providing countless opportunities for future theatre productions to be enjoyed by students, seniors and local residents. Your gift will help sustain us for many seasons to come.
By just changing the first, second, or contingent beneficiary of an existing life insurance policy to include Greater Boston Stage Company, you can support us well into the future. Designating even five or 10% of the proceeds would help us maintain our programming as a cultural destination in Boston’s Metro North. This is a very easy way to make a planned gift to Greater Boston Stage Company and doesn’t require the services of an attorney.
You could also purchase a new life insurance policy naming Greater Boston Stage Company as the owner and beneficiary. You pay a premium to the insurer, and it is tax-deductible, as long as the theatre is the irrevocable owner and beneficiary of the policy. Premium payments may have significant federal income tax deductions of up to 50% of your adjusted gross income, with a five year carry forward of any excess. Favorable gift and tax consequences may also result from such a gift.
Retirement plans are among the most highly taxed assets one can own. Estate taxes and income taxes can significantly deplete the value of your retirement plan when left to an individual beneficiary upon your passing. By naming Greater Boston Stage Company as the beneficiary of your retirement plan, the funds remaining upon your passing retain far more value.
ADDITIONAL SUPPORT OPTIONS
A simple way to leave a legacy of support for the theatre is to ask that in lieu of flowers, your friends and family make a gift to Greater Boston Stage Company in your memory.
For more information, please contact Amy Morin, Managing, at 781-587-7918 or firstname.lastname@example.org.
FOR MORE INFORMATION ON GIVING OPPORTUNITIES