Gifts of Stock
Appreciated Gifts of Stock
Your gift strengthens and enhances the Durango Arts Center, and your generosity is rewarded through innovative visual arts exhibits, educational programs that inspire and theatre productions that are both thought provoking and entertaining. Individual donations enable DAC to fulfill its’ mission of providing enriching and educational opportunities for children, artists and art lovers.
“In my own philanthropy and business endeavors, I have seen the critical role that the arts play in stimulating creativity and in developing vital communities….the arts have a crucial impact on our economy and are an important catalyst for learning, discovery, and achievement in our country.” –Paul G. Allen, Co-Founder, Microsoft
The Durango Arts Center welcomes the gift of appreciated stock, one of the most effective means of tax savings available, with a direct benefit in support of the mission of the Durango Arts Center.
The benefits of gifting appreciated stocks:
The satisfaction of knowing your money is invested to advance quality visual and performing arts programming.
In keeping with current IRS regulations, capital gains taxes on the stock are avoided.
You will be eligible to receive an income tax charitable deduction for the full fair market value of the stock at the time of the gift.
To qualify for these special tax advantages, the security must have been held for at least one year. CLICK HERE to download The Durango Arts Center protocol in receiving a gift of appreciated stocks.
The Durango Arts Center is an informal membership non-profit organization. Unless a contribution is specified as “restricted” by the donor, and acknowledged in writing by the Durango Arts Center as such, DAC retains complete control over the use of donated funds in furtherance of its mission under the oversight of the DAC Governing Board.
Durango Arts Center … best small town art center in America
To make a gift of appreciated stocks to The Durango Arts Center, contact Cristie Scott, Executive Director by email or call (970) 259-2606 ext. 14
With the assistance of Raymond James Financial Inc. your generous art spirit will enable the Durango Arts Center to continue to provide an engaging calendar of programs designed for your enjoyment, entertainment and enrichment. Art happens at DAC, for you and thanks to you!