Monetary Gift

Monetary Gift


There are several ways to gift the Calumet Theatre.

Consider the following options

Cash Gift

· Immediately help the Calumet Theatre program. You decide how it is used.
· A charitable deduction helps reduce the cost of your gift.
· It is easy to make.

Appreciated Securities

  • Immediately help the Calumet Theatre. You decide how it will be used
  • Better than a cash gift for purposes of tax savings because of charitable income tax deduction for current market value.
  • Plus, no capital gains tax

Charitable Bequest

  • You choose where your gift will be applied at the Calumet Theatre.
  • Does not affect current assets.
  • Could deliver estate tax savings for your heirs.

Charitable Gift Annuity

  • Easiest way to obtain fixed income for life.
  • You save on taxes immediately.
  • Income for life is partially tax free.
  • Donating appreciated securities might minimize or defer capital gains tax.
  • Could increase your current income by donating low-yield assets.
  • Remaining assets in gift annuity will support your favorite Calumet Theatre program.


Our endowment is managed by the Keweenaw Community Foundation (KCF) in Hancock,MI. To make a contribution call the Foundation at (906) 482-9673.

Life Insurance

· You reduce the net cost of your gift with the immediate charitable deduction.
· Easy to do.
· Gift eventually supports the Theatre program you choose.

Bargain Sale Gift

· Property can be converted to a gift to the Calumet Theatre and you get cash back.
· Capital gains tax can be offset by way of partial charitable deduction.

Lead Trust

· Make a gift to the Calumet Theatre, but also provide for your family.
· No estate or gift tax on growth of assets during term of the trust.
· Reduce estate and gift tax with transfer of property to your family.

Real Estate

· Charitable deduction based on current fair market value of your property.
· No capital gains tax on outright gifts of appreciated real estate.
· Calumet Theatre program of your choice receives significant benefit.

Charitable Remainder Trust

· Receive a variable or fixed income for life.
· Trust is professionally managed.
· Trust assets grow tax free.
· You designate the purpose of your gift for the Calumet Theatre.

Retirement Plan Assets

· An opportunity to reduce estate tax and potential income tax of heirs.
· Will not negatively affect your current assets.
· You determine how your gift is to be used by the Calumet Theatre.