The Gregor Society of the Moravian Music Foundation is about Planned Giving.
When a person informs the Moravian Music Foundation (MMF) that they have designated a planned gift for MMF, in any amount or any form, that person becomes a member of the Gregor Society.
Investing in MMF awakens the music of previous generations, inspires creativity for the present and future, and enable MMF to share God’s gift of music in effective ways.
Moravian music-lovers are critical to the success of MMF, a 501(c)3 charitable organization. Donations are accepted in any form.
The Christian Gregor Society recognizes donors who have included MMF in their wills and trusts and estate planning, or who have contributed to the unrestricted endowment fund.
Gifts to the MMF Endowment build a financial foundation for MMF.
One of the easiest ways to make a planned gift is to designate Moravian Music Foundation in your will.
A bequest may be specific dollar amount, a certain asset, or a percentage of your estate.
Your attorney can add a bequest to your will with language as simple as this: I give ________Dollars ($__________) to Moravian Music Foundation, 457 South Church Street, Winston‐Salem NC 27101.
Another way to make a significant contribution is to name Moravian Music Foundation as a primary or contingent beneficiary of a life insurance policy, or to donate a policy to us that you no longer need. (Contact your life insurance company or your agent for a change of beneficiary designation form.)
Naming Moravian Music Foundation as a beneficiary of your Individual Retirement Account, 401(K) or other retirement accounts may provide income and estate tax savings. Your employer’s human resource office or the broker or other plan custodian of your IRA can provide you with the change of beneficiary form to make this gift.
Real estate owners may find a broader range of options for realizing the full value of their holdings by using them in their charitable planning. Deductions for gifts are based on full fair–‐market value and allow donors to shelter capital gains from tax.
Additionally, there are other forms of planned gifts that provide donors with current tax benefits, opportunities to increase income and to simplify estate planning.
These include gift annuities and charitable trusts.
Types of Gifts:
Charitable Remainder Trust (CRT): You transfer case of property to find a trust that makes payments for your lifetime and then passes the remainder on to the Moravian Music Foundation. You receive a charitable tax deduction and avoid capital gains tax, as well as income for your lifetime.
Charitable Lead Trust (CLT): You transfer cash or property to a trust that makes payments to the Music Foundation for a number of years and then passes the trust property to your family with no additional tax. You receive a gift or estate tax deduction, and the asset and appreciation passes to your family at a reduced cost.
Charitable Gift Annuity (CGA): You make a gift or cash or property to the MMFA and they make fixed payments for one or two lives. You designate the Moravian Music Foundation as the recipient of the remainder. A gift annuity works well with your gift of cash or appreciated stock that’s providing little or no income. You receive a charitable tax deduction, fixed payments for life, a partial bypass of capital gain, and possible tax-free payments.
The Moravian Ministries Foundation in America (MMFA) assists MMF with its receipt and investment of gifts, such as stocks and other assets.
The Moravian Ministries Foundation in America provides planned giving services at no charge to all Moravians. Contact Christopher W. Spaugh (toll free 888 722 7923; local 336 725 2589) or email – email@example.com to discuss your estate planning goals. MMFA, 119 Brookstown Ave., Suite 305, Winston-Salem, NC 27101
Christian Gregor (1723-1801) has been called the “Father” of Moravian Church music, and was one of its most influential musicians. He was born in Silesia and joined the Moravian Church when he was seventeen. He served the church as organist and minister, and held important positions as a church administrator, visiting Pennsylvania and North Carolina in that capacity in 1770-1772. He was consecrated a bishop in 1789. Gregor was instrumental in Moravian liturgical development, and introduced the use of concerted anthems and arias into the services. In addition to editing the hymnal of 1778 and the chorale book of 1784, he composed several hundred other musical works – over 1100 manuscripts of Gregor’s music are preserved in the American collections. He died in Berthelsdorf, near Herrnhut, on November 6, 1801.