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.