Who makes a Planned Gift? | How do I know if Planned Giving is a good option for me? | What are the most frequent ways of making a Planned Gift? | How do I include Interlochen in my will? | Comparison chart of Planned Giving benefits

Who makes a Planned Gift?
The age group that participates in Planned Giving to the greatest extent are those between 45-55 years old (26%). 22% are between 55-65, 20% are 75 and older, and 17% are between 18-44.

While some believe that they need to have great wealth to make a bequest or set up an income-producing trust, studies show an equal proportion of planned gift donors in the salary range from $20,000 to $175,000! Donors participate in planned gifts because they want to be a part of something they love - their past history with Interlochen, the present growth and programming, and the future in the arts that Interlochen has promised and delivered for more than 70 years!

Planned Giving is way to give and receive. Your financial gift to Interlochen becomes part of Interlochen's future promise. Your gift can provide you, a spouse, a child, a grandchild, or a beloved friend with significant income and tax benefits. Fortunately, there are many options to consider. If you would like specific ideas for your particular circumstances, contact us at 231-276-7623 or by email at development@interlochen.org and we will work with your financial advisor to provide information.

You can create magic in the air at Interlochen Center for the Arts with a Planned Gift.

How do I know if Planned Giving is a good option for me?
If you prefer to pay lower taxes and create a legacy with your hard-earned income, then you need to talk with your financial planner. The Development staff at Interlochen can provide information on the numerous specific options available through ICA, as well as data on how we have utilized planned gifts and our history of working with donors. 

What are the most frequent ways of making a Planned Gift?
There are many different ways of creating a gift, depending on your own resources and what you wish to accomplish, in addition to helping Interlochen. The simplest gift is an outright cash contribution, but many people add value to their giving by taking advantage of tax laws that encourage philanthropy. The full benefit of income-producing gifts and deferred gifts is realized only after the donor and his or her heirs have enjoyed the income generated by the gift. This gift is generally in the form of a trust or an annuity and may be designed to help meet a variety of personal goals. If you'd like to receive a personalized illustration of how you can benefit from making a planned gift, fill out our Planned Giving Information form and one will be sent to you, after we discuss your preferences with you.

How do I include Interlochen in my will?
A bequest is a part of a will. It may be placed in a new will or simply added as a codicil to an existing will. See the Sample Wording For Bequest for an example of how to include Interlochen in your will.

Comparison chart of Planned Giving benefits
Click here to see Options for Giving to compare the benefits of different types of planned gifts.