rOSSINI: STRING SONATA NO. 6, III. ALLEGRO: TEMPESTA

David Grossman, Carrie Kennedy, Joel Pargman, Andrew Shulman

Donate Now

Share your love of great music with a contribution to Los Angeles Chamber Orchestra. Support from music lovers like you makes possible all LACO programs, bringing the Orchestra’s innovative programming into the lives of thousands of students, families and Angelenos of all ages.

 

 

 

 

 

 

 

There are many ways to give: a donation online, over the phone at (213) 622-7001, or via mail at 510 W. Sixth Street #1001, Los Angeles, CA 90014.

GIFTS OF APPRECIATED STOCK

Charitable gifts of appreciated stocks, bonds, mutual funds and other securities can give you an extra bonus in terms of tax savings (as compared to a donation of cash). If you have owned publicly traded securities more than one year—which makes it a “long term capital gain” asset—you can claim a tax deduction for the full fair market value of the securities and never have to pay capital gains taxes on the appreciation.

In other words, you can donate the same gift value (or larger) at a lower “out of pocket” cost.  If you really like a particular stock, you can donate the stock and then use the cash you would have otherwise used to make a charitable gift to buy more of the same stock. This gives you a higher cost basis in the stock, which saves you tax if you eventually sell the stock.

HOW TO DETERMINE THE CHARITABLE DEDUCTION

For gifts of publicly traded securities held for more than one year, the deduction is determined by taking the average of the high and low selling prices of the security on the date of the gift (or the nearest trading date(s) if there are no trades that day). These are listed on a public exchange such as the NYSE or NASDAQ.

Securities held for less than one year may also be donated, but the deduction is limited to the lesser of cost basis or fair market value. For inquiring minds, I.R.S. Publication 561, and Treasury Regulations sections 20.2031-2 and 25.2512-2, provide more specific information about deductions for charitable gifts of securities.

Charitable gifts of appreciated assets may be deducted up to 30 percent of your adjusted gross income (AGI) each year. You can carry over any excess deduction for up to five additional years, but you must take the maximum deduction each year. Ergo, if you think a stock price has peaked or has run up in value due to a takeover bid or tender offer, you may want to make a larger charitable gift and know you have time to use up your deduction. You can prepay a multi-year charitable pledge to LACO or contribute to a donor advised fund and then dole out charitable gifts over several years.

For gifts of stock please contact Julia Paras at juliaparas@laco.org and Joan Sommerlad at

Joan Sommerlad, Charles Schwab 877-340-1719  Joan.sommerlad@schwab.com

Los Angeles Chamber Orchestra Society, Inc.

Account # 8083-25

DTC clearing# 0164, Code 40

there are many ways to give:

  • Make a donation online.
  • Call (213) 622-7001 to make a credit card donation over the phone.
  • Mail to 510 West Sixth St., Suite 1001, Los Angeles, CA 90014, or fax to (213) 626-2157.
  • Transfer appreciated stock, which may help you avoid capital gains tax. Call (213) 622-7001, EXT. 4 for details.
  • Double your impact with a  matching corporate gift.
  • Leave LACO a legacy through a planned gift such as a will bequest or charitable gift annuity.
  • Online shopping benefits LACO when you use Amazon Smile.
  • Attend LACO’s engaging Special Events and get even closer to the music you love.

We are grateful to every donor who commemorates their love of great music with a contribution to Los Angeles Chamber Orchestra. Every donation makes a difference and helps bring the Orchestra’s innovative programming into the lives of thousands of students, families and Angelenos of all ages.

LACO offers numerous benefits at a range of support levels. This year’s donor benefits will be released with the September announcement of the 2021/22 season.

If you have any questions or to talk to us about the coming season’s donor benefits, please call us at (213) 622-7001, EXT. 4.

Thank you for supporting the Los Angeles Chamber Orchestra!

sponsor a concert or featured artist

Conductor’s Circle members have the opportunity to sponsor a concert or a featured artist. These additional sponsorships start at $7,500. Sponsors receive exclusive perks, including:

  • listing in the season program as a guest artist sponsor
  • listing on laco.org as sponsor of your selected guest artist
  • invitation to a post-concert dinner with the sponsored guest artist(s)
  • and more!

For more information, please contact Julia Paras at (213) 622 7001 EXT. 211 or JuliaParas@laco.org

matching gifts

Corporate matching gift programs give you the opportunity to help direct your employer’s philanthropic dollars to the Los Angeles Chamber Orchestra.

It’s a win-win-winyour company receives a tax deduction for each match, you get the credit toward your donor benefits, and LACO can continue sharing the great classical music you love with music lovers just like you.

double the impact of your gift today!

  1. Check with your human resources department to determine if they have a matching gifts program and what gifts are eligible for matching funds. Most companies will match your charitable gifts for up to 12 months after you’ve given. Employees are usually entitled to several matches per year, up to several hundred dollars or more. If you and your spouse both work for companies with matching gift programs, your donation may be eligible to be matched by both companies.
  2. Obtain a matching gift form from your human resources office, or check your company’s website for downloadable forms.
  3. Send the completed form to:
    Los Angeles Chamber Orchestra
    510 West Sixth St., Suite 1001
    Los Angeles, CA 90014

If you have questions about matching gifts, please call (213) 622-7001, EXT. 4 or e-mail info@laco.org

LACO is a 501 (c) (3) nonprofit organization. Tax ID# 23-7010825. Contributions are tax deductible to the extent permitted by law.

There are many ways to give: a donation online, over the phone at (213) 622-7001, or via mail at 510 W. Sixth Street, Los Angeles, CA 90014.

GIFTS OF APPRECIATED STOCK

Charitable gifts of appreciated stocks, bonds, mutual funds and other securities can give you an extra bonus in terms of tax savings (as compared to a donation of cash). If you have owned publicly traded securities more than one year—which makes it a “long term capital gain” asset—you can claim a tax deduction for the full fair market value of the securities and never have to pay capital gains taxes on the appreciation.

In other words, you can donate the same gift value (or larger) at a lower “out of pocket” cost.  If you really like a particular stock, you can donate the stock and then use the cash you would have otherwise used to make a charitable gift to buy more of the same stock. This gives you a higher cost basis in the stock, which saves you tax if you eventually sell the stock.

make a gift of stock

Giving appreciated stock to the Los Angeles Chamber Orchestra can mean tax benefits for you. If you hold stock that has gone up in value, you can get a charitable deduction for the full value and avoid paying any capital gains tax. Consult your tax advisor for details.

Gifts of stock qualify the donor for the same donor benefits as a gift of cash.

notify the orchestra

When planning to make a gift of stock to the Los Angeles Chamber Orchestra, please notify us by calling Julia Paras at (213) 622-7001, EXT. 211 or via email at juliaparas@laco.org

In order for LACO to properly credit the gift, it is important that you or your broker contact the Orchestra’s development department with your name and the intended purpose of your gift.

stock transfer via dtc

To transfer stock to LACO electronically via Depository Trust Company, or DTC, you will need to provide DTC transfer instructions to your broker.

When you or your broker calls the Orchestra to notify us of the contribution of stock, we will provide the DTC transfer instruction and account details. It is important that you ask your broker to reference your name in the transfer.

HOW AN ELECTRONIC TRANSFER OF STOCK WORKS

  • Your broker sends your gift instructions to Charles Schwab via the Depository Trust Company (DTC).
  • Charles Schwab notifies LACO that your gift of stock has been received.
  • LACO sells the securities through the Orchestra’s brokerage account.
  • The Orchestra receives the proceeds from the sale from Charles Schwab on settlement date.

gifts of proprietary stock

Some stock cannot be transferred directly into the Orchestra’s Charles Schwab account. If you believe you are in need of special instructions to make a gift of proprietary stock, please contact the LACO development office and we will provide additional information.

questions?

For further information about making a contribution to the Los Angeles Chamber Orchestra, please call (213) 622-7001, EXT. 4.

Sound Investment

Have you ever listened to a favorite symphony or concerto and wondered what life experiences and inspiration shaped the composer’s ideas, how the orchestra players reacted upon first reading the new score or how the composer felt as musicians finally gave sonic life to notes on paper? When you commission a new work of music through LACO’s Sound Investment program, you can get your own answers, straight from the artist’s mouth.

Each season, the Los Angeles Chamber Orchestra commissions and premieres a new piece of music composed especially to suit its unparalleled musical talents. As an “investor,” you will be invited to a series of intimate salons where you can meet the composer, hear excerpts of the score-in-progress and attend a full orchestral rehearsal of the completed work. Sound Investment membership contributions provide critical underwriting for the composer’s fee and costs of the premiere concerts.

Learn more

ESTATE + GIFT PLANNING

SECURE OUR FUTURE

Many Los Angeles Chamber Orchestra supporters choose to ensure our future and enhance their community with estate planning and legacy gifts. There are a number of creative ways to support LACO in which you and your loved ones benefit at the same time.

By including LACO in your estate planning, you leave a legacy for future generations. The benefits are many, including public recognition and a planning giving circle.

SOME PLANNED GIVING OPTIONS

  • Most popular: Bequest of living trust
  • Increase your cash flow: Gift Annuity
  • Least expensive source of cash: Life Insurance
  • Most popular with estate advisors: Charitable Remainder Trust
  • Greatly reduces estate tax: Charitable Lead Trust
  • Deduct now; transfer later: Donor Advised Fund or Private Foundation

The LACO development staff is happy to provide you with advice at no cost. We will provide you with the assistance you need to best reach achieve your charitable objectives.

LACO is a tax-exempt non-profit organization, certified per 11 U.S.C.  [United States Code] 501(c)(3), and all contributions are potentially tax-deductible for income tax purposes.

Please contact us at (213) 622-7001.

LACO legacy society

Have you already included LACO in your estate plan? If so, we would like to recognize you as a member of the LACO Legacy Society. To be included in the Legacy Society, we request that you furnish a copy of the documents or instruments through which the gift, bequest or contribution has been made.

questions?

Please call (213) 622-7001, EXT. 4 or e-mail us at info@laco.org for more information about planned giving opportunities and benefits.

LACO is a 501 (c) (3) nonprofit organization. Tax ID# 23-7010825. Contributions are tax deductible to the extent permitted by law.