Gifts of Stock
Make a big impact and increase your tax deduction
One of the most effective means of tax savings available is a gift of appreciated stock. Gifts of stock are tax-deductible and there are no capital gains taxes to pay.
BENEFITS OF DONATING STOCK TO THE DAC
- The satisfaction of knowing that your gift is an investment to advance quality visual and performing arts programming
- Capital gains taxes on the stock are avoided In accordance with current IRS regulations
- The eligibility 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.
As we work to create light for others, we naturally light our own way and make it brighter. – Mary Anne Radmacher.
To make a gift of appreciated stocks to The Durango Arts Center:
Contact Brenda Macon, Executive Director email or call (970) 259-2606 ext. 14.
