Sound of Charlotte Blog
Make an Impact TODAY!
December 14, 2020
Thank you for considering a gift as part of your year-end contributions! Your support provides stability and ensures that we remain committed to providing exceptional musical experiences across our community.
We wanted to tell you about some important CARES Act provisions that are scheduled to expire at year's end. These provisions make it easier for you to make a gift to the CSO!
- A temporary suspension of required minimum distributions (RMD) for the 2020 tax year. If you are 70 ½ or older, you can still make a gift from your IRA.
- An expanded charitable giving incentive that allows taxpayers who take the standard deduction to make up to $300 in charitable cash contributions to qualified charities this year.
- For those who itemize your deductions, the law allows for cash contributions to be deducted up to 100% of your adjusted gross income for the 2020 calendar year.
In addition, with the stock market at record highs, gifts of Securities or Mutual Funds can be a convenient way to make a contribution. For more information and transfer instructions, please click here.
The Charlotte Symphony is sustained by the support of our donors. We are so grateful for your generosity, which touches and changes so many lives.
Please contact Leslie Antoniel at 704.714.5139 or Micah Cash at 704.714.5108 to discuss how your gift can help further our mission.
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