String instruments such as the violin, viola and cello, are the only instrument types for which time adds value and improves the instrument’s sound quality. Today the string instruments built from the 17th to 19th centuries are considered most valuable – time has not harmed them at all. Currently 7000 string instruments from the given period have been preserved and seven instruments are located in Estonia.
The EFMI prised historic instrument collection enables our artists to perform successfully on the world stage and receive high honours at top-level international competitions.
The EFMI wants to augment its collection of historical quality string instruments adding new lucid sounds to our music life. Increasing the collection is only possible with the assistance of our dear music lovers. Currently several outstanding Estonian cellists critically need good instruments. The EFMI desires to add a cello to its collection.
From July 1st 2017, EFMI is included in the non-profit associations and foundations register on income tax incentives.
EFMI’s major donors are music lovers that minimally donate 5 000 Euros towards the acquisition of a historic string instrument.
EFMI’s major donor benefits include:
- Listing the major donor name on the EFMI website unless anonymity is specifically requested
- Invitations to the EFMI appreciation concerts valid for the major donor and three guests
- Being informed about locations and compositions in which the acquired string instrument is played
- Inviting the major donor to the acquisition of the instrument
- Enabling a meeting with the artist using the instrument
Additionally to the acquisition of historic string instruments EFMI desires to develop the skills and knowledge of our instrument makers by
permitting them to study under internationally acknowledged (certified) masters in other countries.
EFMI’s junior donors are music lovers that minimally donate 1000 Euros towards training of instrument makers.
EFMI’s junior donor benefits include:
- Being informed about locations and compositions in which the acquired historical string instruments are played
- Invitations to the EFMI appreciation concerts valid for the junior donor and one guest.
- All music lovers can support achievement of the Estonian Foundation of Musical Instruments aims in freely chosen amounts.
Donations to the Estonian Foundation of Musical Instruments (SA Eesti Pillifond) can be made with following payment methods:
- Regular bank transfer
Transferwise (an overview of transfers in USD can be found HERE)
As a beneficiary of the donation, please mark the Estonian Foundation of Musical Instruments, the bank account of which is EE382200221063297590.
By making a donation, please write “donation” in the explanation field and your personal ID-code in case you wish to declare your donation.
A physical person can deduct donations from his or her taxable income.
Donations made to an association in the registry within a calendar year can be declared by physical persons in an income declaration that is submitted annually by 31 March.
A taxpayer can deduct the interests of housing loans, training costs, gifts and donations to a total sum of 1,200 euros, but not more than 50% of the taxpayer’s income during the same taxation period.
Donations made by legal persons are exempt from tax in a range of certain limits. A taxpayer will himself choose the limit to be applied, but just one limit can be used in an annual summary. Donations and gifts are exempt from tax for up to:
- in the range of 3% of the sum of the payments taxable by social tax in the same calendar year (or basically, 3% of the “salary fund”) or
10% of the profit of the taxpayer’s last financial year that ended by 1 January.
- If gifts and donations exceed these limits as an annual total, then the amount exceeding the limit will be taxed by income tax, the rate of which is 20/80.