Ways to Give
Explore the many ways to give to The Phoenix Theatre Company, from IRA Charitable Rollovers to bequests, and many more. Learn more about each way to give by clicking the option below.
Tax ID: 86-010-8839
You may be looking for a way to make a big difference to help further our mission. If you are 70½ or older, an IRA charitable rollover is a way you can help continue our work and benefit this year.
Benefits
Avoid taxes on transfers of up to $105,000 from your IRA to our organization
Satisfy your required minimum distribution (RMD) for the year
Reduce your taxable income, even if you do not itemize deductions
Make a gift that is not subject to the deduction limits on charitable gifts
Help further the work and mission of our organization
How This Gift Works
Contact your IRA plan administrator to make a gift from your IRA to us.
Your IRA funds will be directly transferred to our organization to help continue our important work.
Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
Depository Name: Enterprise Bank and Trust
Branch Address: 150 N. Meramec Avenue, Clayton, MO 63105
Routing Number: 081006162
Account Number: 1572537
Account Name: The Phoenix Theater Company
Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to The Phoenix Theatre Company.
Benefits
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
By electronic transfer:
Firm Name: Wells Fargo Trade Group
Brokerage Account Name: Phoenix Theatre
DTC: 0141
Brokerage Account #: 27054730
By certified mail:
If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.
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. Please let us know if you have donated a gift of stock or bonds; oftentimes we will receive the gift without the name of the donor, and isn’t guaranteed to appear on the month-end statement. We would like to thank you and recognize you for your gift.
A charitable bequest is one of the easiest and most flexible ways that you can leave a gift to The Phoenix Theatre Company that will make a lasting impact.
Benefits
Receive an estate tax charitable deduction
Reduce the burden of taxes on your family
Leave a lasting legacy to charity
How a Bequest Works
A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or The Phoenix Theatre Company as part of your estate plan, or you can make a bequest using a beneficiary designation form.
Ways to Leave a Bequest to The Phoenix Theatre Company
Include a bequest to The Phoenix Theatre Company in your will or revocable trust
Designate The Phoenix Theatre Company as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k), 403(b) or pension)
Name The Phoenix Theatre Company as a beneficiary of your life insurance policy
Ways to Make a Bequest
Percentage bequest - make a gift of a percentage of your estate
Specific bequest - make a gift of a specific dollar amount or a specific asset
Residual bequest - make a gift from the balance or residue of your estate
Bequest Intention Form
If you have been so generous as to include a bequest to The Phoenix Theatre Company as part of your estate plan, please take the time to let us know. We would like to recognize you and your family for your generosity.
Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to The Phoenix Theatre Company. Donating part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension or other tax-deferred plan, is also an excellent way to give.
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 The Phoenix Theatre Company
How to Make a Gift
Your real estate property may be given to The Phoenix Theatre Company by executing or signing a deed transferring ownership. You may deed part or all of your real property to The Phoenix Theatre Company. Your gift will generally be based on the property’s fair market value, which must be established by an independent appraisal.
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.
Beneits 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 The Phoenix Theatre Company, you will need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate The Phoenix Theatre Company 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.
Please let us know if you have already named us as a beneficiary of your real estate or retirement assets. We would like to thank you and recognize you for your gift.
A gift of your life insurance policy is an excellent way to make a gift to The Phoenix Theatre Company. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to The Phoenix Theatre Company. 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
If The Phoenix Theatre Company retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums
If The Phoenix Theatre Company cashes in the policy, you will be able to see firsthand how your gift supports our charitable work
If we retain the policy to maturity, or you name us as a beneficiary, once the policy matures, the proceeds of your policy will be paid to our organization so that we can use the proceeds to further 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 The Phoenix Theatre Company as the beneficiary of your policy. Please let us know if you have already named us as a beneficiary of your life insurance policy. We would like to thank you and recognize you for your gift.
You may be concerned about the high cost of capital gains tax with the sale of an appreciated asset. Perhaps you recently sold property and are looking for a way to save on taxes this year and plan for retirement. A charitable remainder unitrust might offer the solutions you need!
Benefits of a Charitable Remainder Unitrust
Receive income for life, for a term of up to 20 years or life plus a term of up to 20 years
Avoid capital gains on the sale of your appreciated assets
Receive an immediate charitable income tax deduction for the charitable portion of the trust
Establish a future legacy gift to our organization
How a Charitable Remainder Unitrust Works
You transfer cash or assets to fund a charitable remainder unitrust.
In the case of a trust funded with appreciated assets, the trust will then sell the assets tax-free.
The trust is invested to pay income to you or any other trust beneficiaries you select based on a life, lives, a term of up to 20 years or a life plus a term of up to 20 years.
You receive an income tax deduction in the year you transfer assets to the trust.
Our organization benefits from what remains in the trust after all the trust payments have been made.
If you have any questions about a charitable remainder unitrust, please reach out to your financial advisor or estate attorney to get started. We would also be happy to assist you and answer any questions you might have.
You may be looking for a way to receive fixed income for life or a number of years. You may be concerned about the high cost of capital gains tax with the sale of an appreciated asset. Perhaps you recently sold property and are looking for a way to save on taxes and plan for retirement. A charitable remainder annuity trust may offer the solutions you need.
Benefits of a Charitable Remainder Annuity Trust
Receive fixed income for life or a term of up to 20 years
Avoid capital gains tax on the sale of your appreciated assets
Receive an immediate charitable income tax deduction for the charitable remainder portion of your gift to The Phoenix Theatre Company
How a Charitable Remainder Annuity Trust Works
You transfer cash or assets to fund a charitable remainder annuity trust.
In the case of a trust funded with appreciated assets, the trust will then sell the assets tax-free.
The trust is invested to pay fixed income to you or any other trust beneficiaries you select based on a life, lives or a term of up to 20 years.
You receive an income tax deduction in the year you transfer assets to the trust.
Our organization benefits from what remains in the trust after all the trust payments have been made.
More on Charitable Remainder Annuity Trusts
If you are tired of the fluctuating stock market and want to receive fixed payments, a charitable remainder annuity trust may provide you with the stability you desire. A charitable remainder annuity trust pays a fixed amount each year based on the value of the property at the time the trust is funded.
If you have any questions about a charitable remainder unitrust, please reach out to your financial advisor or estate attorney to get started. We would also be happy to assist you and answer any questions you might have.
This year, increase your gift—and your tax deduction—with one simple strategy: donate stock. Make a bigger impact by donating long-term appreciated securities, including stock, bonds, and mutual funds, directly to The Phoenix Theatre Company. If you have held the stock for more than one year, at the time of the donation you get a tax deduction equal to the fair market value of the stock (not to your cost basis) which results in no capital gains tax being paid and a larger itemized deduction!
If you decide to donate stock, please contact our Director of Development Marisa Butler at [email protected], and we’ll let you know when it arrives.
If you decide to donate stock, please contact our Director of Development, Marisa Butler, at [email protected]. We’ll let you know when it arrives.
