Ways to Give
Aside from cash donations, there are many ways to contribute to the Center that offer tax advantages and other features to match your financial needs and philanthropic interests.
Donate your appreciated securities
Rather than selling your appreciated stock or mutual fund shares, you may see advantages in donating these assets directly to the Center. Doing so relieves you from paying tax on the income and generally makes you eligible to claim a deduction for the asset’s full fair-market value. As a result, you may be able to give as much as 20 percent more to charity than if you had sold the asset and donated the after-tax proceeds. We make the process simple.
Roll over your IRA distribution
If you are at least 72 years old, you may make a tax-free charitable gift to the Center directly from your traditional IRA.* Any IRA gift made will be considered part of your required minimum distribution (RMD). You can effectively reduce your taxable income for the year while making a generous gift to support our work.
Consider a donor-advised fund for charitable giving
A donor-advised fund (DAF) is a dedicated charitable account used for the sole purpose of supporting nonprofit organizations you care about. You become eligible for a tax deduction upon contribution and are then able to support any IRS-qualified public charity on the timetable that best suits you by recommending grants from the account.
Request a match from your employer
Many companies offer programs in which they match their employees’ (and sometimes retired employees’) charitable gifts. Check with your human resources department to find out if your company offers a matching gift and if the Center falls within its guidelines.
Make a planned gift
Writing or updating your will probably didn’t make your list of New Year’s resolutions – but hear us out. By making a planned gift to the Center, you’ll become part of our newly formed Legacy Society and help guarantee that the enriching and inspiring work you’re already part of can continue for generations to come.
Thank you for believing in the vital role played by the Center for the Performing Arts. Your generosity has a powerful impact on the cultural offerings for the community. Questions regarding giving methods can be directed to Kendra M. Latta, Vice President of Development, at KLatta@TheCenterPresents.org or 317.819.3528.
This material is for information only and is not tax or accounting advice. Please consult your tax advisor.
* or 70½ years old prior to January 1, 2020
