This type of contribution often allows donors to make a bigger philanthropic impact and enjoy greater tax advantages than selling the stock and donating the proceeds.
Did you know that giving a gift of publicly traded stock that has increased in value and that you have owned for more than one year may provide better tax benefits than giving cash? How Donors who have held a publicly traded stock for more than one year can avoid capital gains tax and may be eligible for an income tax deduction for the market value of the stock they are gifting.
For stock held in brokerage accounts, your broker can assist you in making a gift of stock via a direct transfer to Actors Theatre.
To make a donation of stock to Actors Theatre, follow these instructions.