Your legacy commitment to °Ä6ͼ¿â empowers extraordinary musicians to transform the world through their performances and to be the future of classical music.

Donating to the °Ä6ͼ¿â Institute of Music in your will, trust, insurance or life income arrangement will contribute to the success of °Ä6ͼ¿â and its world-class students for future generations. The 1920 Society recognizes patrons that have made a legacy commitment.

Members of the 1920 Society receive recognition in °Ä6ͼ¿â@Severance concert programs and in the donor listing at the °Ä6ͼ¿â Annual Meeting, an invitation to the annual 1920 Society luncheon and additional exclusive benefits throughout the academic year.

If you have arranged for a legacy gift to benefit °Ä6ͼ¿â or would like more information on ways to do so, please contact Associate Director of Campaign Erin Horan at erin.horan@cim.edu or by calling 216.791.4388.

What are the types of gifts?

A planned gift is a contribution that you agree to make at a future time to benefit °Ä6ͼ¿â. These types of gifts can include:

  • Bequests
  • Marketable securities
  • Real estate
  • Life insurance
  • Charitable remainder trusts
  • Charitable lead trusts
  • Charitable gift annuities
Why make a planned gift?

In addition to financial benefits, a planned gift is a wonderful way for you to leave a legacy and to support an organization which you love.

Although benefits vary depending on the type of gift you choose, many of the planned giving options share these features:

  • A federal income tax deduction for all, or a portion of the gift;
  • Elimination of some or all of the capital gains tax at the time of the transfer for certain assets;
  • Increased financial security for you or your heirs while providing meaningful support for °Ä6ͼ¿â;
  • Income for life paid to you and/or other beneficiary, such as a spouse or other family member; and
  • Increased income if a gift is made to a life-income plan that produces a higher yield than the donated assets, which is often the case with securities.