Deferred-Payment Gift Annuity

Deferred-Payment Charitable Gift Annuity Diagram. Description of image is listed below.

How It Works

  1. Transfer cash or other property to LA Opera
  2. LA Opera agrees to make payments for the life of one and up to two annuitants (payments are backed by our entire assets)
  3. The balance of the transfer inures to LA Opera

Benefits

  • Payments for life that are favorably taxed
  • When gift is funded with cash, part of payment will be tax-free
  • When gift is funded with appreciated property, part will be taxed as capital gain, part will be tax-free, and part will be taxed as ordinary income
  • Federal income-tax deduction for a portion of your gift
  • Gift will provide generous support for LA Opera

More Information

Have Questions?

Contact Amy Swain, Director of Major and Planned Gifts
213.972.3141
legacy@laopera.org

 

Los Angeles Opera Company
135 North Grand Avenue
Los Angeles, CA 90012

Federal Tax ID Number: 95-2096402

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