Classical KUSC

Membership - Legacy Society


 

Many members say they wish they could give more to Classical KUSC but they’re on a fixed income and cannot afford to give more than they already are. Planned gifts in particular allow many donors to provide support at a level higher than would otherwise be possible, even while receiving income for life and tax benefits. Classical KUSC can assist you with legal and tax counsel to help you understand how to make planned gifts through wills, trusts, and gift annuities in order to determine which is best for you. In turn, Classical KUSC will be able to use these contributions to build an endowment and ensure that future generations of Southern Californians are able to hear the best performances of the best classical pieces on Classical KUSC.

All Classical KUSC members who document their intent to support the station through a planned gift become members of the Legacy Society. If you have already included Classical KUSC in your estate plans, please let us know by contacting Minnie Prince at 213-225-7534 or mprince@kusc.org. We would enjoy the opportunity to thank you and would like to make sure your intentions are carried out properly.

Classical KUSC is grateful for the support of its current Legacy Society Members.

 
  • Anonymous (43)
  • Dr. Barbara Ackermann, LCSW
  • Carleen Anderson
  • Barbara & Jerry Andes
  • Roman N. Anshin, M.D.
  • Nancy & Jim Bailey
  • Christopher D. Baker
  • Brenda & Bill Barnes
  • Charles N. Baron
  • Terry S. Bateman
  • Allen Belkind
  • Herbert M. Berk
  • William J. Bryan
  • Mrs. H.W. Bunger
  • Jeremiah & Raun Burnham
  • Bobbi Chifos
  • Dr. Owen G. Clayton
  • Nancy Coleman-Frank
  • Edward & Lisa Cook
  • Caroline DeMar
  • Fantasia Fairchild
  • Jeff & Theresa Ferguson
  • Robert S. Field
  • Delaine Flacy
  • Jeanette Fraser
  • Ronald Fried
  • Dr. & Mrs. E. Peter Gabor
  • John & Peggy Garvey
  • Robert L. Glasser
  • Mr. & Mrs. Howard Goetzman
  • Meredith Goodwin
  • Donald P. Gould
  • David Grant
  • Heinz Hanau
  • Rod & Nancy Harvey
  • Robert S. Helfman
  • Scott Henderson & Martin Bray
  • Annette Hochfeld
  • Terrence Joseph Hughes
  • Barbara Jury
  • Trudy & Len Kapner
  • Aleck Karis
  • Steven Katz
  • Nick J. Labedz
  • Donald and Sharon Lafler
  • Belina Lee Lazzar
  • Dennis & Kathleen Lees
  • William Earl Lentz
  • Karl H. Loring
  • Royd J. Mahowald
  • Mr. Adolph Maier
  • Hon. Nora Manella
  • Alison Manheim
  • Susan J. Marks
  • Jim Michaelis
  • Les Modie
  • Mike & Lorraine Mohill
  • Barbara & Maury Mortensen
  • Donald Brian Murphy
  • Bernard & Faye Pipkin
  • Ernest & Anne Prokopovych
  • Florence Ridley
  • Francis D. Ripish
  • In Memory of Charles Simon Sarkas
  • Barbara & Ronald Schonfeld
  • June Smith
  • Max Stolz, Jr.
  • Harvey & Evelyn Stone
  • Joseph and Linda Svehla
  • Robert Thurm
  • Craig & Junior Vickers
  • Margo Villanova
  • Carole E. Walker
  • Lois Warshaw
  • Joseph H. Weiss
  • Joemy Wilson & Jon Harvey
 
Updated: September 16, 2014
 

Benefits

As a member of the Legacy Society, you will receive many exclusive benefits such as:

  • Opportunities for you and a guest to attend Classic Events
  • Quarterly Insider’s Newsletter from President of Classical KUSC
  • Personal guided tour of Classical KUSC studios and opportunity to meet announcers
  • Acknowledgment on Classical KUSC’s website donor list, Members’ Newsletter, and annual report
 

There are as many different ways to support Classical KUSC as there are needs for your support. Various types of planned gifts are possible, ranging from a simple bequest to retirement plan gifts. Some of these gifts may be made during your lifetime or as part of your estate plan. Here is a sampling of the most common ways of making a planned gift:

Bequest Through a Will or Living Trust

The easiest and most common method of charitable gift planning is making a bequest through your estate plan. A bequest is a gift of property or assets to a beneficiary as defined in a will or living trust. Whether you wish to donate your entire estate, a portion of your estate, a fixed dollar amount, or a percentage of your assets, bequests are easy to make.
 
How to Include Classical KUSC in Your Will or Living Trust. Naming Classical KUSC in your will or living trust can be one of the simplest ways to support the station. When making a gift by will or revocable trust to Classical KUSC, we recommend the following language:
 
"I hereby give to Classical KUSC, by way of the University of Southern California, a California not-for-profit corporation, with its principal place of business at Los Angeles, California: The sum of $__________________ . The following described property: ______________________________________________________ % of the residue of my estate."
 
When you decide to name Classical KUSC in your estate plan, please notify Minnie Prince at 213-225-7534 or mprince@kusc.org.  You will be provided any additional information and your name will be included amongst the membership of Classical KUSC's Legacy Society. Members of the Legacy Society will also receive exclusive donor benefits. All inquiries will be handled in confidence.

USC’s federal tax I.D. number is 95-1642394

Charitable Gift Annuities

Gift annuities are probably the most popular planned giving vehicles after bequests. It is a combination of a gift and an investment. A charity accepts a contribution and agrees to pay the donor (annuitant) and/or another recipient a fixed and specified dollar amount each year. The charity pays this amount to the donor from its assets. So, not only would you receive a fixed income for the rest of your life, you can also take a tax deduction if you itemize deductions on tax returns. Ultimately the remainder value of your charitable gift annuity will benefit Classical KUSC.
 
The rate of return is based on the age of the donor. Annuity rates are typically higher for older annuitants and lower for younger annuitants, based on life expectancy. Rates are also adjusted according to the number of annuitants, with rates for two-life contracts often lower due to the extended life expectancy. The age of a recipient is the age reached at the nearest birthday, and rates are the same for men and women.
 
In short, charitable gift annuities are an excellent method of achieving your philanthropic goals and gaining substantial tax benefits. Before you establish a charitable gift annuity, it is best to consult knowledgeable professionals. Classical KUSC can help answer any questions and provide you with a complementary proposal of gift annuity scenarios, in confidence, and with no obligation. For more information, contact Minnie Prince at 213-225-7534 or mprince@kusc.org.
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