THE 1979 SOCIETY

CREATING A LEGACY THROUGH PLANNED GIVING.

At Second Stage Theater, we believe in the transformative power of storytelling. For over four decades, we’ve been bringing bold, innovative, and inclusive theater to life, telling stories that resonate with diverse audiences and inspire change. Now, you can ensure that these stories continue to be told for generations to come.

WAYS OF MAKING A PLANNED GIFT

GIFT IN WILL OR REVOCABLE LIVING TRUST (BEQUESTS)

One of the simplest ways to make a planned gift to Second Stage is to provide a gift in your will or revocable living trust that takes effect upon your death. You can gift a specific dollar amount, a specific asset, or a percentage of your estate to Second Stage. A gift in a will or revocable living trust can be modified or revoked by you during your lifetime should you change your mind or your circumstances change.

RETIREMENT PLAN ASSETS AND IRAS

You can designate Second Stage as the beneficiary of your retirement plan assets or IRA by obtaining and completing a change of beneficiary form from your retirement plan administrator or IRA custodian. In the change of beneficiary form, you can designate Second Stage as the beneficiary of all or a portion of the plan or account.
If you are 70 ½ years or older, you can make a Qualified Charitable Distribution (QCD) from your IRA directly to Second Stage. A QCD offers all of the benefits of an itemized income tax charitable deduction, and a QCD gift can satisfy your Required Minimum Distribution without increasing your income taxes.

LIFE INSURANCE

You can designate Second Stage as a beneficiary of a life insurance policy covering your life. This can be done for a new life insurance policy taken out for this purpose or for an existing life insurance policy, whether such policy is “paid up” (meaning all premiums have been paid) or whether additional premiums are due. To accomplish this, you would simply obtain a change of beneficiary form from the insurance company and designate Second Stage as a beneficiary of all or a portion of the death benefit of any such policy.

SECURITIES/STOCK

Gifting publicly traded stock/securities is also an easy way to benefit Second Stage and may provide certain tax benefits to the donor. For example, you may be able to receive an income tax deduction for the fair market value of the stock on the date of the gift without having to pay tax on any appreciation that may have taken place since you acquired the stock.

Ready to create your legacy? Contact the development office at membership@2st.com to learn more about planned giving today.

Staff at Second Stage Theater may be able to provide additional information and instructions in connection with implementing these types of planned gifts; however Second Stage does not offer tax or legal advice. Please consult with your personal advisors as to the planned gift that would be most appropriate for you. Second Stage Theater’s tax identification number is 13-3021180.