IRA & Stock Gifts

Support MAPA and achieve your philanthropic goals with a gift through your IRA.

If you are age 70½ or older, you may also qualify for an opportunity to transfer assets annually from your IRA to MAPA, tax-free.

 

When you make a gift of appreciated securities you hel to preserve the art & architecture of MAPA for future generations, and could receive a double tax benefit—a charitable deduction and avoidance of capital gains tax.

Securities can be donated for Membership, the MAPA Fund, or the endowment.  A few benefits of a gift of stock to MAPA:

  • You may be able to take a tax deduction for the full, fair-market value for stock or other securities that have increased in value (if you have owned them for at least 12 months).
  • You pay no capital gains tax on any appreciated assets you contribute.
  • You have the satisfaction of supporting MAPA in a way that benefits you as well—and you may even be able to increase the amount of your gift because of its decreased cost to you.

 

To Make a Gift of Securities

Simply contact your financial institution and request the shares be transferred directly to the MAPA’s account at     . You will need the following information:

MAPA’s Broker: 
DTC#: 
Account Name: 
Account Number: 
MAPA Tax ID: 

Before initiating a gift, please contact Racheal Seibert at 216-223-7024 or Racheal@americanporcelainart.org so that we know to expect the securities you are donating and can promptly acknowledge your contribution.

In accordance with IRS guidelines, the date of your gift will be the date the securities depart your account at your financial institution. For crediting purposes, the value is determined as the average of the high and low listings for the stock on that date.