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LBCAA
P.O. Box 6502
Long Beach, Ca. 90806
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What is a donor-advised fund?
A donor-advised fund (DAF) is a type of giving program that allows you to combine the most favorable tax benefits with the flexibility to easily support your favorite charities. An increasingly popular charitable vehicle, DAFs are an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals.
How does it work?
- Establish your DAF by making an irrevocable, tax-deductible donation to a public charity that sponsors a DAF program
- Advise the investment allocation of the donated assets (any investment growth is tax-free)
- Recommend grants to qualified public charities of your choice
What are the main advantages of a donor-advised fund?
Simplicity – The DAF sponsor handles all record-keeping, disbursements, and tax receipts.
Flexibility – Timing of your tax deduction can be separate from your charitable decision making.
Tax-efficiency – Contributions are tax-deductible and any investment growth in the DAF is tax-free. It is also easy to donate long term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock.
Family legacy – A DAF is a powerful way to build or continue a tradition of family philanthropy.
No start-up costs – There is no cost to establish a donor-advised fund. However, there are often minimum initial charitable contributions to establish the DAF (typically $5,000 or more).**
No transaction fees – Once approved, 100% of your recommended grant goes to your qualified public charity of choice.**
Privacy if desired – Donors may choose to remain anonymous to the grant recipient.
** Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees vary by sponsoring organization.[/tooltip]
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You are invited to donate any amount and become a FOUNDING MEMBER of the 150th Anniversary 13th Amendment US Constitution-Abolition of Slavery CONCERT Committee with acknowledgment of contribution on our website, MusicUNTOLD.com.
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- In addition to a tax deduction, each donation of $100 is eligible for one concert seat.
You may attend the concert and use the seat, give someone else your seat, or permit MusicUNTOLD to give your seat to a disadvantaged student, senior or veteran. - Each donation of $1,000 will be eligible for ten concert seats. The donated amount will be acknowledged in the official program, and you will receive a DVD of the concert.
- These features are open to all individuals, non-profits, small businesses, corporations, governmental agencies and other entities.
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The Invitational and Free 150th Anniversary 13th Amendment US Constitution-Abolition of Slavery CONCERT will feature world premieres of THE WINGS by South Korean composer Joopoong Kim sung in English by American soprano Jumi Kim and JOURNEY TO NEW LANDS by composer/Steinway pianist Karen Walwyn. Please see event flyer for additional performances and appearances.
You may donate through our website, www.musicuntold.com or mail donation direct with check payable to LB Central Area Assoc. For additional information, email jmalveaux@gmail.com. Your earliest consideration will be greatly appreciated.
The 150th Anniversary 13th Amendment US Constitution-Abolition of Slavery CONCERT is FOR the People, BY the People, and OF the People.
150th Anniversary 13th Amendment US Constitution-Abolition of Slavery CONCERT event flyer (click to download)