Planned gifts are the ultimate way to support Opera North. Individuals who choose to honor Opera North by including the Opera North in their estate plans become members of our Ovation Society.

BEQUESTS
A bequest is a gift made through your living will or trust, and is the most common type of planned gift. You can include Opera North in your will as the recipient of a set dollar amount or a percentage of your estate.

DONOR ADVISED FUNDS
People with donor advised funds may have the opportunity to recommend the balance of their funds go to a charity of their choice at the time of their passing.

GIFTS OF RETIREMENT PLAN ASSETS
Donors can make Opera North the beneficiary of part or all of their retirement plan accounts, such as a 401(k) or IRA. Gifts of retirement plan assets may help a donor’s heirs avoid income or estate tax on these assets, and as a nonprofit, Opera North receives these monies tax-free. If you are 70 1/2 years old or older, you may also be able to utilize the Charitable IRA Rollover, or qualified charitable distribution (QCD), to give to Opera North. Donors may give up to $100,000 per year directly from their IRAs to the charity of their choice.

LIFE INSURANCE POLICIES
Donors can designate Opera North as the beneficiary of their life insurance policy at the time of their passing.

CHARITABLE LEAD TRUST
Donors may create a charitable lead trust managed by themselves or their advisors. This trust pays the chosen charity annually during the donor’s lifetime or for a set number of years. The remaining assets are then given back to the donor or their beneficiaries without gift and estate taxes.

CHARITABLE REMAINDER TRUST
A charitable remainder trust is an irrevocable trust managed by the donor and/or their advisor. This trust allows the donor to choose beneficiaries of an annual income stream for up to 20 years. At the end of this period or once the donor passes on, the specified charity receives the remaining assets.

DONOR RECOGNITION
Ovation Society members will be highlighted in Opera North's playbill (you may choose to make your legacy gift anonymous, however).