Do you want to keep your support of the arts going in perpetuity?
Planned gifts are made through bequests, life insurance policies, retirement plan assets, real estate property, appreciated securities, trusts, IRAs, or other life income agreements.
We feel strongly about the benefits of theatre education for children since they learn how to collaborate with others to help produce the best show possible. They acquire confidence from auditioning and performing, and training in all aspects of theatre production. Because of the benefit this offers to future generations, we are directing a portion of our estate to the Laguna Playhouse Youth Theatre to ensure their ability to educate and inspire the young people of Orange County into the future.
—Carolyn & Tom Bent
STOCK AND SECURITIES Laguna Playhouse gratefully accepts gifts of appreciated stocks and securities. As a charitable giving vehicle, donors may be eligible to take an immediate tax deduction for the full market value of the stock and also avoid the capital-gains tax they would owe by cashing in the securities.
IRA GIVINGPlease consider naming Laguna Playhouse as a beneficiary of your retirement account. You can add Laguna Playhouse as a full or partial beneficiary or designate a percentage of your accounts. There make be tax advantages for you in making a gift from your IRA.
IRA CHARITABLE ROLLOVERIf you are over the age of 70 ½ you can make a distribution (up to $100,000) directly from your IRA to a qualified charity, like Laguna Playhouse, and meet your Required Minimum Distribution. Simply instruct your plan administrator to send a specific dollar amount directly to Laguna Playhouse via check or electronic transfer.
DONOR-ADVISED FUNDS (DAFs)DAFs provide an operationally convenient and tax-efficient method for philanthropic individuals to have their charitable assets professional managed and distributed to their favorite non-profit. It allows donors to make a charitable contribution, receive an immediate tax deduction and then recommend grants from the fund over time. Donors can contribute to the fund as frequently as they like, and then recommend grants to their favorite charitable organizations whenever it makes sense for them.
Interested donors are encouraged to talk with their attorneys and tax advisors about planned giving, and to discuss ways in which their generous donations can help sustain Laguna Playhouse in the years to come.
With the market near an all-time high, I'm sure potential donors possess some stocks with substantial appreciation that overload their portfolio. Selling these stocks would result in a large capital gains tax. Donating these securities to Laguna Playhouse would avoid such a tax and instead create a substantial TAX DEDUCTION plus being of great benefit to the Playhouse. It certainly makes good sense to me.... OTIS HEALY, EMERITUS TRUSTEE