Gifts of Stock & Mutual Funds
Our historic, nonprofit theater needs your support to be able to recover from our extended closure and reopen successfully! With your help, The Music Hall will continue to present great performances by an incredible mix of artists, provide theater arts education opportunities for children and provide community outreach efforts to make the arts accessible to diverse audiences.
An effective way to make a bigger philanthropic impact while receiving greater tax advantages is with a gift of stocks or mutual funds.
Gifts of Stocks & Mutual Funds
You may claim a federal (and possibly state) income tax charitable deduction for the full fair-market value of donated securities that have been held for more than one year, and you avoid paying tax on appreciation in value while you held the security. Best of all, it is easy to do!
Click here for simple steps to effect transfers of stocks or mutual funds.
The Music Hall will be forever grateful for your generous and tax-smart support of our historic, nonprofit theater when we need you the most.
If you prefer to make an individual gift or corporate contribution, that is always a great way to support The Music Hall.
Thank you!
*New Charitable Tax Deduction Rules: The Federal Government’s CARES ACT {sections 2204 & 2205} has changed rules so that individual donors can now take an above-the-line charitable deduction of up to $300 without having to itemize taxes. For other individual donors, 100% of individual cash gifts can now be deducted against adjusted gross income. For corporations, the 10% limitation is increased to 25% of taxable income.
Looking to make a bigger impact? Contact Sheila Emery Murphy, Director of Philanthropy, at 914-631-3390 x115 or smurphy@tarrytownmusichall.org for information about charitable contributions, planned giving, and naming opportunities. There are also membership levels and sponsorship
opportunities.