PLANNED GIVING: THE TUACAHN ENCORE SOCIETY

Tuacahn Encore Society

By establishing a planned gift with the Tuacahn Foundation, you become part of The Tuacahn Encore Society. The Encore Society is composed of donors who provide for Tuacahn in their will or other estate plans. We thank these generous individuals, who are leaving a future legacy to Tuacahn.

Each season, Encore Society members will convene for a special dress rehearsal and reception. Let us know that you have provided for Tuacahn in your estate plans, and we will invite you to this special reception.

For those looking to play an important role in securing Tuacahn’s future artistic excellence, a planned or deferred gift is an excellent way to help. Most planned and deferred gifts are applied to the Foundation’s permanent endowment fund, ensuring that your gift has an impact in perpetuity.

Planned gifts not only benefit Tuacahn, but the donor’s estate is entitled to an estate tax deduction for the full value of a bequest.

Benefits of Membership

• As a member of the Encore Society, and a supporter of high quality performing arts, you will have the opportunity to become more involved in the life of Tuacahn.
• In appreciation for your gift to support Tuacahn’s future excellence, you will be invited to attend events at Tuacahn especially planned for your enjoyment.
• With your permission, you will be listed on the roster of members in our Playbill and Annual Report.

How to become a member

A bequest is the easiest and most meaningful way to provide for Tuacahn’s future. A bequest is a gift made through your estate. It may be a specific dollar amount, a percentage of the estate, or a remainder after other distributions have been made.

Just tell us that you have made provisions for Tuacahn in your will and you automatically become a member of the Encore Society. We would appreciate knowing a general estimate of the potential amount of your bequest, but this information is not necessary, and if you provide it we will only use the amount for planning purposes. We will treat the amount with complete confidence and will not disclose the amount in any materials.

For more information

For more information about including Tuacahn in your will, or if you have already provided for Tuacahn in your estate plans, please contact Kevin Smith, CEO at (435) 652-3307 or ksmith@tuacahn.org

ABOUT BEQUESTS

A bequest is one of the easiest ways to make significant future gifts to the individuals and charities that matter most to you. A bequest is a gift made through your estate. The donor’s estate is entitled to an estate tax deduction for the full value of the bequest.

General purpose bequest

An outright, general-purpose bequest from your estate is the most valuable to the Tuacahn Foundation because it gives our Board of Directors the flexibility to use your gift where it is needed most. For this reason, we encourage you to make an unrestricted bequest. To make a general-purpose bequest, your attorney may include in your will language similar to the following example:

I give and bequeath to the TUACAHN FOUNDATION, a Utah not-for-profit corporation whose address is 1100 Tuacahn Drive, Ivins Utah 84738, the sum of $_________ [or ___% of the rest, residue, and remainder of my estate] for its general purposes.

Endowment bequests

If you wish to provide a permanent source of funds for the support of Tuacahn, you may direct your bequest to the Tuacahn Foundation’s endowment. You may specify whether your endowment gift is to be used for ongoing general-purpose support, or for one or more special purposes. To make an endowment bequest, your attorney may include in your will language similar to the following examples:

I give and bequeath to the TUACAHN FOUNDATION, a Utah not-for-profit corporation whose address is 1100 Tuacahn Drive, Ivins Utah 84738, the sum of $____ [or ___% of the rest, residue, and remainder of my estate] to be added to its endowment in support of …

[GENERAL PURPOSE] … the TUACAHN FOUNDATION’s general purposes.

[SPECIAL PURPOSE] … ____ [describe special purpose]. If the Tuacahn Foundation reasonably determines that literal compliance with this purpose is or becomes impossible, impractical, or financially difficult, then the Tuacahn Foundation may apply this endowment gift in support of its general purposes, giving particular consideration to my special interest as described above.

Special purpose endowments

In addition to our endowment for general-purposes, there is the “Professional Actors Endowment.” Please contact us if you would like to learn more about current named endowments, so you can consider whether or not a gift to these endowments fits your vision and goals.

If you would like to establish a named endowment fund, or designate your gift for some special purpose, we will be pleased to help you and your attorney tailor the language to suit your particular wishes and the needs of Tuacahn. Because of the permanence of an endowment gift, please be sure to contact us before you complete your will.

Tax and legal information

The legal name to use in bequests is the “Tuacahn Foundation.” It is a not-for-profit 501(c)(3) organization exempt from income, gift, and estate taxes. Its federal tax identification number is 870487695. We advise you to seek your own legal and tax advice in connection with gift and estate planning matters. Tuacahn does not provide legal or tax advice.

For more information

For more information about including Tuacahn in your will or if you have already provided for Tuacahn in your estate plans, please contact Kevin Smith, CEO at (435) 652-3307 or ksmith@tuacahn.org

Download the Encore Society Memebership