The Planned Giving program at Theatre Under The Stars is named after our founder, Frank M. Young. We invite you to invest in TUTS mission by making a legacy gift. You can support our work on and off stage by naming Theatre Under The Stars as the beneficiary in any of the following types of gifts:
Bequest – will or living trust You can name Theatre Under The Stars as a beneficiary in your will. Suggested language: “I give, devise, and bequeath $_____ to Theatre Under The Stars (TAX I.D. #74-1621647) with offices at 800 Bagby, Suite 200, Houston, TX 77002.”
A life insurance policy – new or existing You can name TUTS as a beneficiary of your existing life insurance policy, or you can also purchase a new life insurance policy to name TUTS as the beneficiary. Contact your insurance broker to indicate that you would like to name Theatre Under The Stars as a beneficiary of your life insurance policy.
Trust – charitable remainder trust or charitable lead trust You can designate TUTS as a nonprofit recipient of a charitable trust and receive the tax benefits associated with your contributions by contacting your financial advisor.
Retirement assets – pension plan or IRA If you are 70½ years or older, you are able to make a qualified charitable distribution (QCD), up to $100,000, directly from your IRA to TUTS. This QDC can satisfy your required minimum distribution and is income tax free. To make a contribution through your IRA, contact your IRA custodian and indicate that you would like to make a charitable contribution to Theatre Under The Stars.