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Overview
Vail Valley Music Festival Contributors
We welcome you to join the thousands of music enthusiasts who support the performing arts by becoming part of the Festival's annual fund. Your contribution is a tangible affirmation of your support of the performing arts. Donations in any amount are welcome, and we are pleased to offer exceptional donor benefits to help heighten your enjoyment of the Bravo! Vail Valley Music Festival.
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IRA Charitable Rollover Giving
The IRA Charitable Rollover was first enacted on August 17, 2006, as part of the Pension Protection Act of 2006 and has been reinstated for 2011.
Things to keep in mind:
Taxpayers age 70 years, 6 months and older are required to make annual distributions from their IRAs which are then included in the taxpayers' adjusted gross income (AGI) and subject to taxes. The IRA Charitable Rollover permits those taxpayers to make donations directly to charitable organizations from their IRAs without counting them as part of their AGI and, consequently, without paying taxes on them.
A donor's total combined charitable IRA rollover contributions cannot exceed $100,000 in any one year.
Eligible Charities - Charitable contributions from an IRA must go directly to a public charity that is not a supporting organization. Contributions to donor-advised funds and private foundations, except in narrow circumstances, do not quality for tax-free IRA rollover contributions.
Eligible Retirement Accounts - Distributions can only be made from traditional individual Retirement Accounts or Roth IRA's. Charitable donations from 403(b) plans, 401(k) plans, pension plans and other retirement plans are ineligible for the tax-free treatment.
Directly to the Charity - Distributions must be made directly from the IRA trustee payable to the public charity.
No Gifts in Return - Donors cannot receive any goods or services in return for charitable IRA rollover contributions in order to quality for tax-free treatment.
Written Receipt - In order to benefit from the tax-free treatment, donors must obtain written substantiation of each IRA rollover contribution from each recipient charity.
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Gifts to the Endowment Fund and Gifts of Securities
Contributions to the Bravo! Endowment Fund help maintain the long term financial stability for the Festival. Donations of securities may allow for significant tax advantages to donors.
To contribute to the success of the Bravo Music Festival, please download and complete the donation form
( Click here to download Adobe Acrobat Reader )
Mail your completed form to:
Development
2271 North Frontage Rd West, Suite C
Vail, Colorado 81657
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For more information:
Jeanne Reid White - Director of Development
2271 North Frontage Rd West, Suite C
Vail, Colorado 81657
970.827.5700 or 877.827.5700
Send email
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