Planned giving
Leave a legacy of music.
A gift through your will, retirement account or estate plan can keep music within reach of Chicago students for years to come, often with tax benefits for you and your family.
Ways to give
Choose the gift that fits your plans
A gift in your will or trust
Name the Foundation in your will or living trust for a specific amount, a percentage of your estate, or what remains after other gifts are made.
Beneficiary designations
Name the Foundation as a beneficiary of a retirement account, life insurance policy, or bank or brokerage account. It's often as simple as updating a form with your plan administrator.
IRA charitable rollover
If you are 70½ or older, you can give directly from your IRA through a qualified charitable distribution. The gift isn't counted as taxable income and can count toward your required minimum distribution.
Gifts of stock
Gifts of appreciated stock or mutual fund shares may let you avoid capital gains tax. Please contact us before you transfer shares so we can arrange the gift.
Vehicles and boats
We welcome gifts of cars, trucks, boats and other vehicles. Contact us to discuss a vehicle gift.
Real estate and other property
Gifts of real estate, instruments, collections and other property are reviewed case by case. Contact us early so we can talk through the gift together.
For you and your attorney
Sample bequest language
Share this wording with your attorney or financial advisor when you update your will or trust.
To direct your gift to a particular program, such as the Sadofsky Summer Music Camp or instrument access, please talk with us first so we can make sure the language reflects your wishes.
Information for your plans
- Legal name
- Mr. Don Sadofsky Foundation for Music Education
- EIN (tax ID)
- 39-2666318
- Mailing address
- 4422 N Ravenswood Ave, Unit #207, Chicago, IL 60640
- Status
- 501(c)(3) nonprofit organization
- Checks payable to
- The Sadofsky Foundation
- Contact
- admin@sadofskyfoundation.org · (773) 245-6426
Already included the Foundation in your plans?
Please let us know so we can thank you and honor your wishes. Your information is kept confidential, and telling us does not commit you to anything.
admin@sadofskyfoundation.org · (773) 245-6426
This information is not legal, tax or financial advice. Please consult your own attorney, tax advisor or financial planner about your situation.