Gifts of Securities
Gifts of appreciated securities, such as stocks and mutual funds, are excellent ways to support LACMA. Such gifts are simple and may provide a greater tax benefit than an equivalent gift in cash.
A gift of stock owned for more than one year entitles you to an income tax charitable deduction for the full fair market value of the donated asset. If the stock has appreciated, you also avoid any capital gains tax on the appreciation.
To learn more about gifts of securities or gifts of stock, please contact Diana Veach, AVP of Gift Planning at (323) 857-6207 or firstname.lastname@example.org. All inquiries are confidential and without obligation.
LACMA's Federal Tax ID: 95-2264067