Summit Membership Questions


 

How long does my membership last?

Memberships are good for one (1) year from the first payment date. There is a 30-day grace period to allow for late renewals. Your ‘Member Benefits Card’ will show your membership expiration date.

 

Is my contribution tax deductible?

Yes! We will send you a tax receipt in January stating your total contributions from the previous year. Your amount of deduction is the total contribution minus the fair market value of any thank-you gifts you received during that calendar year. You may want to consult your tax preparer for more direction.

 

How long does it take for my membership payment to be processed?

Lump sum charges are done approximately once a week. For installments, it takes 2-4 weeks from the time we receive your membership form for your first payment to be charged to your credit/debit card. We run installments around the 15th of each month.

We will run “follow up” charges each week after the 15th, through the end of the month, to catch any credit card updates, and keep payments current.

 

When will I receive my membership premiums?

Premiums will be mailed upon receipt of first payment, whether in full or installments. If you are paying by check, your premiums will be mailed out after your checked has been received and deposited.

 

How can I increase my installment amount?

You can upgrade your financial commitment at any time by calling 330-761-3099, or by emailing Andrew James at andrew@thesummit.fm. You will also have the opportunity to upgrade your contribution amount each year when you receive your membership renewal letter.

 

I got a letter asking for an additional gift. What is that?

Approximately six (6) months into your membership, you will receive a letter asking for an additional gift. This is a smaller donation over and above your normal membership. There are two reasons for the extra ask: (1) to increase membership revenue, (2) to give existing members the chance to get the latest sampler CD, without having to spend another $60. This was done in response to the popularity of the sampler CDs. This gift is also tax deductible minus the fair market value of any thank-you gifts you receive. You may want to consult your tax preparer for more direction.

 

Is my contribution eligible for a match if I work for a Matching Gift company?

Yes. Typically the matching form is processed following your lump sum payment, or final installment of the calendar year. Most companies handle matching gifts through their HR department, and some companies have the forms online as well. Please be sure to send us your Matching Gift form as soon as possible. Be sure to indicate the full amount of your contribution on the form, not each individual payment amount.

 

What is a sustaining membership?

Just like a regular membership, you designate the amount you want to contribute, either by a yearly lump sum or monthly installments. Installments start with a minimum of $5 per month, which can be charged on your Visa, MasterCard, or Discover. Then choose the Sustaining Membership option. Your membership will remain in effect until you notify us that you would like it to end.

A Sustaining Summit Membership is easy and convenient, and helps provide The Summit with a stable source of income, that allows us to plan for the future.

 

How do I become a Sustaining Summit Member?

To become a Sustaining Summit Member, visit our online membership page, and be sure to check the Sustaining Membership box.

 

Do I still qualify to receive a thank-you gift?

Yes! Every year, you will receive your pledge level premiums after your membership has “renewed.” You will also receive a copy of the latest New Music Sampler when it comes out. “Fall” members will receive the spring sampler and “Spring” members will receive the fall sampler.

 

How do I stop my automatic charges if necessary?


To stop your Sustaining Membership, simply call 330-761-3099, or send us a request in writing. DO NOT notify your bank or credit union directly. They will often charge you for these services, while The Summit will do it at no charge.

 

Have a question that's not been answered?

Contact Andrew James at 330-761-3099, or andrew@thesummit.fm.

Or write to us at: 65 Steiner Ave., Akron, OH, 44301