Growing up in the Canarsie neighborhood in Brooklyn, I was fortunate at a very early age to attend live performances of ballet and opera in New York City. The awe and splendor of those experiences are unforgettable memories that I wish for each child today to have as they grow up. I believe the performing arts are an important tool to teach children about themselves and the world around them. Several years ago I began to volunteer at Wynnebrook Elementary School in West Palm Beach. One of the projects that has brought me great happiness was to find a way each year to give all the third grade students the opportunity enjoy the magic of the performing arts that enhanced their school program by attending a live ballet performance at the Kravis Center. My original plan was to include the Kravis Center in my Will to fund such a program. However, I was both impatient and fortunate to find an immediate way to accomplish my dream. I did not want the children to wait and Mr. Jeffrey Pegg, the Principal cooperated unbelievingly with my plan. I chose to fund a Charitable Gift Annuity through the Kravis Center which provides current tax-favored income to me and provides me with the money to underwrite the cost of performance tickets for the students. When the children and I attend the performance, I feel so blessed I can share my joy and love of ballet and my good fortune today with the future generation of artists and audiences.
Rose Smith Price Cooley
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.