Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to Village Theatre.

Benefits of gifts of stocks and bonds

• Avoid paying capital gains tax on the sale of appreciated stock
• Receive a charitable income tax deduction
• Further our mission today

How to make a gift of stocks and bonds

Have your broker transfer stock to Village Theatre’s Fidelity Investments and let us know you have made the transfer.
DTC #0226
Acct # Z72-303518
Acct Name: Village Theatre
Acct Contact: Laura Lee

More on gifts of stocks and bonds

There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.

Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to Village Theatre.

Benefits of gifts of real estate

• Avoid paying capital gains tax on the sale of the real estate
• Receive a charitable income tax deduction based on the value of the gift
• Leave a lasting legacy to Village Theatre

How to make a gift of real estate

Your real property may be given to Village Theatre by executing or signing a deed transferring ownership. You may deed part or all of your real property to Village Theatre. Your gift will generally be based on the property’s fair market value, which must be established by an independent appraisal.

Additional Information

Mortgaged Property – Please contact us if the property you wish to give has existing debt or a mortgage. Indebtedness can affect your charitable tax deduction.

Difficult Property Gifts – Certain properties pose challenges. We have adopted policies to limit the acceptance of certain kinds of real estate. Please check with us before making a gift of real estate so we can explain our gift acceptance policies.

Capital Gains Tax – Check with us on the capital gains tax implications of your gift. You may also be interested in life income options.

Donating part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension or other tax-deferred plan, is an excellent way to make a gift to Village Theatre.

If you are like most people, you probably will not use all of your retirement assets during your lifetime. You can make a gift of your unused retirement assets to help further our mission.

Benefits of gifts of retirement assets

• Avoid potential estate tax on retirement assets
• Your heirs would avoid income tax on any retirement assets funded on a pre-tax basis
• Receive potential estate tax savings from an estate tax deduction

How to make a gift of retirement assets

To leave your retirement assets to Village Theatre, you will need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate Village Theatre as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.

More on gifts of retirement assets

Did you know that 60%-70% of your retirement assets may be taxed if you leave them to your heirs at your death? Another option is to leave your heirs assets that receive a step up in basis, such as real estate and stock, and give the retirement assets to Village Theatre. As a charity, we are not taxed upon receiving an IRA or other retirement plan assets.

A donation of cash is a simple and easy way for you to make a gift.

Benefits of gifts of cash

• You can make an immediate impact on our mission
• You can take a charitable income tax deduction

How to make a gift of cash

More on gifts of cash

A gift of your life insurance policy is an excellent way to make a gift to Village Theatre. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to Village Theatre. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.

Benefits of gifts of life insurance

• Receive a charitable income tax deduction
• Receive additional income tax deductions each year that you make additional contributions so that Village Theatre can pay the annual insurance premiums
• At death, the proceeds of your policy will be paid to our organization and we will use the insurance proceeds to continue our charitable work

How to make a gift of life insurance

To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Village Theatre as the beneficiary of your policy.

Additional Information

You can also designate Village Theatre as a partial, full or contingent beneficiary of your life insurance policy. You will continue to own and can make use of the policy during your lifetime. Your estate may benefit from an estate tax charitable deduction.

Your deduction for the gift of life insurance will depend on the whether the policy has increased in value above the premiums and whether the policy is paid up or there are remaining payments to be made.

A gift of mineral interests (oil, gas, gold, silver or other precious metals) is an excellent way to make a gift to Village Theatre.

Benefits of gifts of mineral interests

• Receive a charitable income tax deduction
• Avoid income tax on royalties
• Receive lifetime payments

How gifts of mineral interests work

1. Gift of all or a portion of your land – If you own land with mineral rights, a gift of all or part of your land can produce a direct tax benefit to you and help our work. You will receive a charitable income tax deduction in the year you make your gift.
2. Gift of royalties – If the income from your oil or mineral rights is pushing you into the upper tax brackets with higher rates and fewer deductions, consider a gift of your royalties. By giving us a portion or all of your royalties, you can lower your income and taxes while achieving your charitable goals.
3. Charitable life estate – If you want to make a gift to us while continuing to use your home or farm during your life, consider a charitable life estate. You will receive an income tax deduction for your gift to us. Check with us on the rights and responsibilities that go along with this agreement.
4. Charitable remainder trust – To maintain the most income while also maximizing charitable intent and charitable deductions, place your land into a charitable remainder unitrust. You will receive payments for your life or a term of up to 20 years and an income tax charitable deduction. Our mission will benefit from the remaining value.

More on gifts of mineral interests

Gifts of mineral interests are valuable property rights. You can use your mineral rights to fund a variety of different planned gifts.

As a business owner, you have the opportunity not only to build your business and accumulate wealth for yourself and your family, but also to accomplish your philanthropic goals through charitable planning. A gift of your corporate stock or assets can provide you with tax and income benefits and help further our mission.

Benefits of gifts of business interests

• Receive a charitable income tax deduction
• Avoid tax on the sale of your business stock or assets
• Receive lifetime payments if your business stock or assets are used to fund a planned gift

How gifts of closely held stock work

1. Give a percentage of your voting or non-voting shares in your business to us outright and receive an income tax deduction. We will hold your shares for a future sale or redemption and can use any dividends paid for our charitable purpose.
2. Give a percentage of your voting or non-voting shares in your business for a donor advised fund (DAF) and receive a charitable deduction. The DAF will hold your shares for a future sale or redemption and can use any dividends paid for charitable grants. On an annual basis, you can advise us on how to make grants from the fund to your favorite charitable causes.
3. If your corporation is an S corporation, there are special rules that apply to gifts of corporate stock. Please contact us to discuss the most tax-efficient way to structure your stock gift.

How gifts of business assets work

1. If your business makes a gift of a non-inventory asset, it will receive a charitable income tax deduction based on the appraised fair market value of the asset.
2. The income tax deduction for a gift from a business is limited to 10% of the corporation’s taxable income. Your business may carry forward any unused deduction up to five years.
3. If your business is an S corporation, the charitable deduction will flow through to the shareholders in proportion to their ownership interest. Check with us on the most tax-efficient way to make a gift of corporate assets from your business

Additional Information

Business Succession Planning and Charity – When you are ready to sell your business, before you sign a binding agreement, consider a charitable gift to reduce or completely avoid capital gains on the sale. If you give enough of an interest in your business to us or a donor advised fund, you can use the resulting charitable income tax deduction to offset part or all of the capital gains on the interest you retain and sell.

Tax Planning Strategies for Business Owners – If you would like to sell your business and receive income, ask us how you can transfer part or all of your business stock or assets to fund a charitable remainder trust. The trust will sell your business interest tax-free and pay you (and your spouse) income for life. You will receive a charitable income tax deduction to further offset any capital gains.