individual giving
other ways to give
Increase your support to Austin Lyric Opera by donating through one of our special programs.
Stock Gifts
Find out the advantages of making a stock gift, how to value it, and how to do it.
If your broker has the stock:
Contact your broker and determine the stock and the number of shares you would like to contribute.
Please contact Andy Mozisek at 512-472-5927 x 123 or amozisek@austinlyricopera.org with your broker's name and telephone number, the name and number of shares you are donating, and the fund to which you are contributing.
If you have the stock:
If you have the physical certificate, we can provide you with a sample letter of authorization (LOA) and a stock or bond power assignment to safeguard the delivery of your securities to Austin Lyric Opera. For safety reasons, you do not want to endorse the certificate and mail it. When the certificate is endorsed, it is negotiable by whoever has possession. The stock or bond power assignment replaces the signature on the certificate. You should never send the certificate and the power assignment in the same envelope. Please call or email Andy Mozisek at 512-472-5927 x 123 or amozisek@austinlyricopera.org to obtain these forms. As always, we urge you to contact your tax advisor about how these rules apply to you.
Matching Gifts
More than 1,000 companies and foundations in the United States currently match their employees' gifts to non-profit organizations such as Austin Lyric Opera. Under a corporate matching gift program, cash gifts, or gifts of volunteer time from a company's eligible employees, are matched with company or corporate foundation funds. It all adds up to a great way to increase your contributions and receive more benefits at no additional cost to you!
For more information contact Alisa De Luna or via adeluna@austinlyricopera.org
Click here to view just a few of the companies that match their employees' gifts to Austin Lyric Opera.
Tax Advantages
Under current tax laws, the full fair market value of stocks and bonds - up to 30% of adjusted gross income this year with a five-year carryover for any "excess" - may be deducted. The extra benefit of making a gift of long-term appreciated stocks or bonds is that federal capital gains tax on the securities' unrealized total appreciation may be totally avoided. You are, in effect, allowed to use the "paper profits" in your investment to reduce the amount of income tax you would otherwise owe.
Valuation
The value of your gift of securities is based upon the mean between the high and low quotations on the day your securities pass from your control. For example, on December 10, when you mail your certificate for 250 shares of ABC Corporation to Austin Lyric Opera (or your broker transfers the securities into an account for Austin Lyric Opera), the high is $21 and the low is $19. At the mean price of $20 per share, your gift is worth $5,000.
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