For those who would like to make a substantial donation to Dutch National Opera and would like to get personally involved in the process of deciding how their funds are allocated, establishing a named fund can present an interesting possibility. Consider making a donation as a special gift in someone’s honour, or in memory of a loved one who had a special bond with opera.
You could describe a named fund as your very own charity within Dutch National Opera. Your gift can be used to support our work in all its facets, or for a special production that couldn’t be realised without this extra philanthropic support. You may also choose to support our educational or public projects, or the more hands-on side of an opera production, such as the development of decors and costumes. We are happy to discuss the possibilities with you.
You can set the fund up during your lifetime, or arrange in your will for the fund to carry out your wishes after you're gone. Dutch National Opera will insure that the funds will be used for your chosen aim, either in instalments or all at one time. You are free to choose a name for the fund. That can be a descriptive name relating to the aim of your fund, or you may give the fund your own name, or the name of a loved one. Your own fund makes a significant contribution to what is important to both yourself and Dutch National Opera. In addition to an intimate connection with the company, you will receive a handsome tax advantage.
You develop a named fund over a minimum period of five years by donating an annual amount of €10.000 or more. Through the Gift and Inheritance Tax Act, you may raise this amount on your tax return with a maximum of €1.250 per year, so you may increase the amount to €11.250. Depending on your tax bracket, you receive a tax credit of 52%. The net annual cost of your donation is just €4.150 a year.
It is also possible to donate an amount to a named fund as a one-time contribution; then too, you will receive a tax advantage.
For more information:
If you have any further questions, or would like more information, please contact Roos Bernelot Moens, 020 551 8102 or email@example.com.