Giving Options
You can give non-cash assets as part of your philanthropy to the Harrison Center. Here are common ways to give from your assets that can provide tax benefits for you while supporting the Harrison Center.
Gifts of Stock
You can give appreciated securities, such as individual stocks. When you give stock, you can usually deduct the full fair market value of that gift if you itemize your deductions when doing your taxes. Giving securities, such as stocks, bonds, or mutual funds, is not a sale and thus makes it so you do not generate any capital gains tax. When Harrison Center sells the securities, which happens immediately upon receipt with our broker, 100% of the proceeds come to us as a nonprofit. To make your gift, don’t sell the stock, just transfer the stock to us.
Please click here for instructions to make a gift of stock.
IRA Charitable Rollover
If you own an IRA and are over age 70½, you can give your IRA required minimum distribution (RMD) as a charitable gift.
Instruct your IRA custodian to make a distribution directly to Harrison Center.
The distribution, up to $100,000, is excluded from your income for federal tax purposes—no tax is due on it and it reduces your overall taxable income.
A qualified charitable distribution from an IRA counts toward a donor’s RMD if one is due.
Donor-Advised Funds
Harrison Center can accept gifts from your Donor Advised Fund. To make a gift through your Donor Advised Fund, use the Harrison Center’s EIN 01-0798626 and should be made payable to Harrison Center for the Arts dba Harrison Center.
Cryptocurrency
Harrison Center can accept gifts from more than 95 cryptocurrencies.
Click below to make your gift through Engiven's secure system.
For other gifts of non-cash assets, please contact Joanna Taft, jtaft@harrisoncenter.org.