Future Giving through the Foundation

The Auckland Philharmonia Foundation (‘Foundation’)

The future of the APO is bright, but maintaining a world-class orchestra for the Auckland community will always be a financial challenge. The APO Board and management actively play their part to source secure and sustainable funding for today and for the future and the Foundation has an integral role in this.

Established in 1987 the Foundation is a registered charity and not-for-profit organisation whose annual report is shown on the Charities Commission website (www.charities.govt.nz). The Foundation owns the orchestra’s rehearsal space, Philharmonia Hall, and adjoining administrative building in Mt Eden and has built up a investment fund of $2.5 million, mainly in rated fixed interest securities. The Foundation is an experienced steward of the fund and strategically distributes its earnings to the specific needs of the orchestra, such as player scholarships, upgrades to the rehearsal space and facilities and assistance with APO’s comprehensive education programme.

The Foundation actively seeks donations, large and small, from benefactors who are committed to the orchestra’s long-term developmentBecause the AP Foundation is a registered charity, gifts of up to 100% of the donor’s net income attract a tax rebate of 33.3%. So a donation of $1500 to the Foundation will cost you $1,000. Furthermore, the donation will be tax-free in the hands of the Foundation as will be the earnings generated from it.

There are a number of ways in which individuals can contribute to the Foundation’s endowment fund including:

• making a cash donation or pledging an annual gift;
• making over shares or personal property to the Foundation
• leaving a bequest to the Foundation in your will
• naming the Foundation as the beneficiary of your life insurance policy
• making the Foundation the beneficiary when winding up a trust or private foundation

Charity Commission Registration No. 23611
A copy of the Foundation’s latest audited accounts is available on request.

For more information please print off and complete the brochure and mail it to the APO’s Fundraising Manager, Christopher Johnstone or telephone him directly on (09) 623 5628 or email christopherj@apo.co.nz

21st Century Circle

The 21st Century Circle is an informal and growing group of individual supporters of the APO who have advised the Foundation that they have made the Orchestra a beneficiary under their will.

Gifts, whether large or small, that result from the Foundation being a beneficiary of your estate ensure your family and future generations of Aucklanders will be continue to be inspired by Auckland’s resident professional orchestra.

Benefits of joining the 21st Century Circle

When you advise the Foundation that you have made the Orchestra a beneficiary under your will, you will be acknowledged in all relevant APO concert programmes and on the APO website -unless you request anonymity – as a member of the 21st Century Circle.

As a member of the 21st Century Circle you will be invited to exclusive 21st Century Circle events each year and, if you wish, you will be kept up-to-date with all the news at the APO through regular newsletters, e-news and programme brochures.

A bequest to the Auckland Philharmonia Foundation is the ultimate gift to acknowledge the pleasure you have received from your involvement with the Orchestra.

If you have already made a bequest to the orchestra please let us know because this helps us to plan for the future and also gives us an opportunity to thank you for your thoughtfulness.

If you are considering the future disposition of your estate and would like to discuss how you can best assist the Orchestra’s future please contact our development office.

To assist prospective benefactors the Foundation has, with the assistance of legal partner Hesketh Henry Solicitors, developed a Bequest Information Guide. The guide includes important information for your solicitor and guidelines on changing an existing will. It also includes details of a free will-writing service provided by Hesketh Henry.

For more information or a copy of the Bequest Information Guide, please contact our Fundraising Manager, Christopher Johnstone by phoning (09) 623 5628 or email christopherj@apo.co.nz