Gifts of Stock & Mutual Funds
An alternative to a cash gift – with significant tax advantages.
Donating stock or mutual funds to Theatre Harrisburg is one of the most cost-effective gifts you can make. For example, a $5,000 cash gift and a gift of $5,000 in appreciated securities both generate the same charitable deduction. But if you donate publicly traded stocks, bonds or mutual fund shares (held for a year or longer) that have appreciated in value, you will receive an additional tax benefit. Even better, the IRS allows you to make the transfer to Theatre Harrisburg without recognizing capital gains on the appreciation. Thus, you can make a larger donation – and a larger impact – through a donation of stock rather than with a gift of cash…and receive a larger tax benefit!
Your gift of stock is valued, for tax purposes, at the mean of the high and low on the date of transfer. Mutual funds are valued at the “net asset value.” Contact your financial advisor to find out if donating stock is right for you.
When designating Theatre Harrisburg as the beneficiary of any type of gift, please use our official title and address:
513 Hurlock Street
Harrisburg, PA 17110
For more information regarding planned giving and Theatre Harrisburg, please contact:
Executive & Artistic Director
(717) 232-5501 ext. 20
Theatre Harrisburg is a non-profit 501(c)(3) organization. A copy of the official registration and financial information may be obtained from the PA Department of State by calling toll-free (800) 732-0999.