Donate Stock or Securities
Giving marketable securities including publicly traded stock, bonds, or mutual funds can be a tax advantaged way to make your generous gift to The Colonial. Appreciated securities, particularly those held longer than one year, may reduce or avoid capital gains obligations and allow you to take a full tax deduction for the fair market value of the stock at time of transfer resulting in a gift that could cost pennies on the dollar. Once the transfer is complete, The Colonial sells the stock and puts the proceeds to use supporting our work.
We encourage you to share your intentions with your tax or financial advisors to better understand the implications of such a gift on your individual tax situation.
How to Make a Stock or Securities Gift to The Colonial Theatre
This method is easiest for you and ensures the proceeds will benefit The Colonial Theatre almost immediately. Your broker will require written instructions from you in order to initiate the transfer. To make a gift of stock, please give your broker the following instructions for electronic delivery to The Colonial Theatre:
Broker: Vanguard Brokerage Services
Clearing Number: DTC 0062
Account Name: Bethlehem Redevelopment Association*
Account Number: 74103016
Tax Identification Number: 02-0366874
*This is the legal name of Friends of The Colonial and the Account Name that must be used to ensure delivery.
Please notify us of the details of your gift to ensure we can process it properly and provide receipt for your generous contribution. Share with us the expected date of transfer, the stock and the quantity you will or have donated.
For more information or to notify us of your gift, contact: Christine Kelly, Executive Director, at 603-869-5603 or firstname.lastname@example.org.
Note: The Friends of the Colonial operates under the non-profit auspices of the Bethlehem Redevelopment Association (IRS # 02-0366874).