Ways to Give
Show your support for the Roanoke Arts & Culture Community
Ways to Give
Give securely online and have the option to divide your gift into monthly, quarterly, or semi-annual payments. You can also choose to give a gift in memory or honor of a loved one.
Call Roanoke Cultural Endowment at (540) 556-9123.
Complete our giving form and mail to: P.O. Box 22, Roanoke, VA 24002.
Double your impact! You may be able to double your investment through your company’s matching gift program. Many corporations match employee donations to Roanoke Cultural Endowment.
Gifts of Stock
Gifts of securities with appreciated values may provide income tax advantages to the donor. You can transfer stock certificates or sell and transfer the proceeds. Stock ownership must be in the name of Roanoke Cultural Endowment before any possible deductions are made. Consult your broker for specific details.
To make a gift of stock or to transfer directly to our broker, please use the following information:
Account name: Roanoke Cultural Endowment Restricted
Name of Receiving Institution: Charles Schwab & Co., Inc.
Account number: 6206-3968
DTC number: 0164
Federal Tax ID#: 47-2754436
Planned giving is a process using tax and financial planning methods that allow a donor to achieve both their financial and their philanthropic objectives in the most efficient way possible.
Current Gift of Appreciated Stock or Real Estate
Do you own assets that have substantially increased in value over the years? Donated assets such as stocks, bonds, mutual funds or real estate may provide you with an income tax deduction based on the fair market value of the gift and eliminate all capital gains taxes. This would allow you to make a substantially greater gift (typically between 45-70 percent) than you otherwise would have thought possible for the same out of pocket cost.
A bequest to Roanoke Cultural Endowment is as simple as adding an amendment to your will stating, I give ($ or %) of my estate to Roanoke Cultural Endowment of Roanoke, Virginia. This is the most common planned gift, and it may provide you with valuable estate tax savings.
One of the simplest ways to make a significant contribution is to give a life insurance policy to Roanoke Cultural Endowment. You may do this in a number of ways; give a policy you no longer need, take out a new policy or nameRoanoke Cultural Endowment as a beneficiary of an existing policy. This may provide you with income and estate tax savings.
Do you own low yielding assets like real estate or securities that have appreciated in value? Is your objective to sell those assets and reinvest in higher income vehicles? A charitable trust might be your answer. The trust may help you to: eliminate capital gains taxes, reduce or eliminate estate taxes, improve your lifetime cash flow, and when coupled with an asset replacement trust, can give your heirs the same amount you gave to Roanoke Cultural Endowment.
Charitable Gift Annuity
A charitable annuity allows you to contribute assets to Roanoke Cultural Endowment and receive a charitable deduction. In turn, we will provide you with a guaranteed income stream for life (the payout will be contingent upon personal factors of the donor). This vehicle can ease the worries of outliving your resources and provide a high rate of return coupled with numerous tax advantages.
DISCLAIMER: Note that this is simply informational and is not intended as legal or tax advice. It is designed to give general information on some basic charitable gift planning techniques. Each person’s estate plan should be analyzed individually by an estate planning attorney to make sure that the person’s goals are met and that maximum tax advantages are utilized. Please consult your tax, financial or legal advisor concerning any gift arrangements you are considering.