LEAVE A LEGACY
It was an $18 million-dollar community investment into The Paramount to reopen this community treasure in 2004. Now it is our turn to “pay it forward” and ensure the lights will continue to shine brightly at the center of downtown Charlottesville for our children and grandchildren. Planned giving offers an opportunity for donors to tailor gifts that can benefit The Paramount in the future. Many people consider a gift in their will to be a meaningful way to have a significant and lasting impact on the Theater. Often, a bequest can have a bigger impact on the Theater than is possible during one’s lifetime.
It’s hard to imagine Charlottesville without The Paramount; it’s our responsibility to make sure the Theater will always be here for the community. A planned gift will impact those touched by The Paramount’s community mission for years to come.
Depending upon your goals for yourself, your family, and The Paramount, there are many options to structure planned gifts including bequests, life insurance, retirement plans, and
Please keep The Paramount in mind as you are making plans for your estate. Your planned gift could benefit the entire community for generations to come.
“We believe in the educational and entertainment mission of Charlottesville’s gem, The Paramount Theater, and want to help ensure that it will be here for our grandchildren and great-grandchildren.”
-David and Janna Gies, Planned Giving Supporters
How do I include The Paramount in my will?
You may make a gift through your will or your living trust by simply including specific language in your will outlining your support for The Paramount. You may designate a specific amount or portion of your estate, and you can designate how you would like it to be used. Many other planned giving vehicles are available.
Step 1.) Determine what is in your estate and decide where you want your assets to go.
Step 2.) Meet with your estate planning attorney, accountant, or financial advisor and include The Paramount Theater in your plans.
Step 3.) Tell The Paramount if you have included us in your estate plans so you can be recognized at our annual Legacy Luncheon and thanked.
Sample Unrestricted Bequest Language: I bequeath to The Paramount Theater, a tax-exempt nonprofit organization in Charlottesville Virginia, the sum of $________________ (or ________________%) of my total probate/trust estate or property. This contribution is to be used by the organization as it deems advisable. The Tax ID number for The Paramount Theater of Charlottesville is 20-1562018.
The Paramount Theater does not provide legal or tax advice. We recommend you seek your own legal and tax advice in connection with gift and planning matters.