The Lake George Music Festival, Inc. is a publicly supported 501(c)(3) not-for-profit organization devoted to enhancing the cultural vitality of the Lake George region and offering a unique career development experience to talented young musicians. All contributions, large or small, help us support these emerging young artists while bringing world class music to Lake George.
There are many different ways you can volunteer to help LGMF keep its operational costs low. Equally important as financial giving, these ‘In-Kind’ donations also make a huge impact. Volunteering is a rewarding experience and is also a wonderful way to personally connect with LGMF musicians! We recognize our valued volunteers here and in all printed concert programs.
Contact Alexander Lombard at 518.791.5089 or email info@lakegeorgemusicfestival.com
Donations to the LGMF Annual Fund go directly to supporting the annual operating expenses of the organization—musician stipends, guest artist fees, tech and stage crew stipends, etc.
Donors may also designate the use of their donations to a particular festival project. Some examples include: sponsoring a specific musician, guest artist, commission, concert or reception, giving directly to the festival’s endowment, or supporting our upcoming capital campaign.
To learn more about giving to the LGMF Annual Fund, as well as the planned giving options listed below please contact Alexander Lombard at 518.791.5089 or alombard@lakegeorgemusicfestival.com
$25,000 or more
What you could give towards:
$10,000 – $24,999
What you could give towards:
$5,000 -$9,999
What you could give towards:
$2,500 -$4,999
What you could give towards:
$1,000 -$2,499
What you could give towards:
$500 -$999
(all HOST FAMILIES are offered Gold Sponsored benefits)
What you could give towards:
$250 -$499
What you could give towards:
$100 – $249
What you could give towards:
up to $99
What you could give towards:
up to $49
What you could give towards:
Write a check or use your credit card. Cash is easy to give and you’re entitled to an income tax deduction for the full amount of the gift.
Patrons have the option to become ‘Sustaining Supporters.’ These donors will make their contribution in monthly installments. The total yearly contribution will be reflected wherever recognition is announced.
Many corporations will match employee donations to charitable organizations such as the Lake George Music Festival. These matching-gift programs are a wonderful way to increase your level of support.
Special gifts are a fantastic way to express your regard while also helping the Festival. Donations can be made in the name of a loved one, a friendship, a family, a birthday, wedding, or graduation. Acknowledgment of special gifts will be sent to the recipient, to you, and will be posted on this website and in all concerts programs as requested.
Transfer appreciated assets (stocks, bonds) held for more than one year to us and enjoy an income tax charitable deduction for the full market value. No capital gains tax is due on the appreciated value.
Donate closely held stock. Restricted stock can be repurchased by the corporation later. You enjoy a charitable deduction equal to the appraised value of the stock with no capital gains tax due.
Donate gift property that can be used for our exempt purposes, and enjoy an income tax deduction for the full fair market value.
The “IRA Charitable Rollover” is an attractive option for IRA owners who have reached age 70½. Ordinarily, an IRA owner must report withdrawals as income and pay income tax on them. The charitable IRA rollover provisions allow IRA owners over age 70 ½ to direct gifts from their IRAs to qualified charities—gifts that would count toward the IRA owner’s minimum distribution requirement (MRD) and not be reportable as taxable income (up to $100,000). Direct gifts to charity from the IRA will not qualify for an income tax charitable deduction – resulting in a tax break for those who do not itemize deductions and for those whose charitable gifts may exceed the deduction limits.
Secure the future of the festival by becoming a member of the Jonah Berman & Joan Levine Legacy Society
The Jonah Berman & Joan Levine Legacy Society is a forward-thinking group of Festival supporters who have declared their intent to remember the Festival through a will, trust, or other planned gift. This Society provides a way for the Festival to recognize these donors during their lifetimes and ensure that their wishes are correctly understood and documented. Members of the Society don’t all have large incomes or vast estates, but they all share a belief that the arts hold tremendous value in Lake George.
There are many types of planned gifts you can make to the Festival, from naming us in your will, to giving stock, to designating us as a beneficiary of your life insurance policy or IRA. You may choose to give anonymously or allow us to make your membership in the Society known; which may serve as inspiration to others, helping your gift do more.
The Society is named after two of the Festival’s earliest supporters whose many generous gifts have helped build a secure foundation for the future growth of the Lake George Music Festival.
Options for planned giving are listed below. All it takes is your commitment. No gifts need to be made to the Festival now. All you need to do is inform us of your plans so we may honor you with membership. To declare intent or to learn more please call Alexander Lombard at 518-791-5089.
Donate cash or securities in exchange for fixed annuity payments. Enjoy a current income tax deduction for the gift and tax-free return of principal. Also, when the donor is the annuitant, any capital gains tax due is spread over the donor’s lifetime.
Create a trust that pays a specific annual benefit for up to 20 years or for the life of the beneficiary(ies). When the donor payout ends, trust property transfers to us. Enjoy a current income tax charitable deduction and avoid immediate capital gains tax on the transfer when the trust is funded with long-term appreciated property.
Create a trust that pays annual payments to the beneficiary(ies) equal to a specified percentage of the value of the trust each year. Since the value of trust assets may vary, payments may also vary from year to year. When the donor payout ends, the trust assets are distributed to us. In addition to income from the trust, you also are entitled to a charitable income tax deduction for the value of our remainder interest in the trust assets.
Completely flexible gifts you can change or revoke whenever or however you choose.
Establish a gift in your will that reflects your most personal and important lifetime concerns. Bequests are among the most popular and widely used planned gifts because a bequest can be changed, costs you nothing as long as you live, and provides an estate tax deduction equal to the value of gifts to charity.
Create a trust that can be revoked or changed during your lifetime which directs the disposition of your assets including charitable gifts. A Revocable Living Trust can minimize the cost and delays associated with probate; facilitate asset transfer; provide privacy and, unlike a will, assure asset management continuity in the event of disability or death.
Add a charitable beneficiary designation to your IRA, 401(k), or other qualified retirement accounts. You can use a retirement plan to realize philanthropic goals and avoid income tax on plan assets.
Make an irrevocable gift to a fund maintained by a charitable organization and enjoy an income tax charitable deduction for the full amount of the gift. As the name implies, the donor can advise the fund regarding distribution; however, donors may not place material restrictions on the fund.
Donate a home and retain the right to live in the property for the rest of your life. Enjoy a current income tax charitable deduction on the value of our remainder interest in the home.
Create a charitable lead trust that benefits us for a number of years, returns assets to your beneficiaries, and minimizes taxes.
Simply make us the beneficiary of a paid-up life insurance policy. Or, use life insurance to replace assets your heirs would have otherwise inherited in the absence of your charitable gift. With wealth replacement, you realize important philanthropic goals during your life and provide for your heirs at your death.