Your Gift Can Last Forever
An endowment gift to the Fairmont Opera House today provides a brighter picture for our future. When you make a donation to our endowment, you give a gift with both immediate and long-term benefits.
Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at the Fairmont Opera House. The remaining funds are reinvested to ensure indefinite support.
An Example of How it Works
Longtime supporters Susan and Charlie have two goals: First, they want to make sure the Fairmont Opera House continues to receive support after they’re gone. Second, they want to memorialize Charlie’s parents, Mr. and Mrs. Jones.
Susan and Charlie make a $25,000 donation to the Fairmont Opera House, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of the Joneses. Plus, Susan and Charlie qualify for a federal income tax charitable deduction on their taxes.
- Contact Blake Potthoff at 507-238-4900 or at firstname.lastname@example.org to discuss endowed gifts.
- Talk to your financial or legal advisor.
- If you include the Fairmont Opera House in your plans, please use our legal name and federal tax ID.
Legal Name: Fairmont Opera House, Inc.
Address: 45 Downtown Plaza, Fairmont, MN 56031
Federal Tax ID Number: 41-1408912
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results.