What Are Some of the Membership Benefits I Will Receive?
Is there a cost of membership?
No. Membership and all present and future benefits are offered by the Kennedy Center as an expression of appreciation for provisions made for our future financial well-being.
How would a gift in my Will be used by the Kennedy
Center or National Symphony Orchestra after I am gone?
Gifts are typically deposited into the joint endowment of the Kennedy Center and NSO so that they may generate operating income in perpetuity, unless otherwise specified by the donor. Within this endowment, you have the option to designate to a general purpose or program, such as "to be used for educational programs," or "for the presentation of dance programming."
Does the Kennedy Center offer plans for charitable
gifts that pay an income back to the donor for life?
Yes. We offer Charitable Gift Annuities which many donors and volunteers find is a wonderful way to arrange a future gift for the Center or NSO while still reserving income during retirement. Rates are based on the age(s) of the donor(s), for one life or two lives, through a gift of $10,000 or more. We can also provide illustrations of how charitable trusts often may save on taxes, increase investment income, and provide more to leave for heirs. There is never any cost or obligation whatsoever for this information.
How Can I Join?
You can join the Roger L. Stevens Society by notifying the Kennedy Center that you have made a provision for the Kennedy Center or National Symphony Orchestra in the form of a bequest or deferred gift. The Kennedy Center can assist you in drafting a provision in an estate plan to achieve this. In this way, you can fulfill your own philanthropic goals and enjoy the tax benefits associated with such charitable contributions, while at the same time enabling the Kennedy Center and the National Symphony Orchestra to continue to enrich the lives of individuals through its artistic and educational programming.
Bequests and deferred gifts will be added to the Kennedy Center/National Symphony Orchestra Endowment Fund unless otherwise specified by the donor.