Gifts of Stock
A Tax-Smart Investment in Chicago’s Cultural Future
When you make a gift of appreciated securities to Porchlight Music Theatre, you’re doing more than making a donation—you’re making a statement. You’re investing in the artists, the stories, and the audiences that make Chicago’s music theatre scene unlike anywhere else on earth.
A gift of stock is one of the most tax-efficient ways to support Porchlight. You may receive a charitable deduction for the full fair market value of your securities while avoiding capital gains taxes on the appreciation. It’s a bold move—and a smart one.
How It Works
Making a gift of stock to Porchlight is simple. Here’s how to get started:
Step 1: Let Us Know Contact the Porchlight Development Office at development@porchlightmusictheatre.org to let us know the name of the securities you plan to transfer, the approximate dollar amount, and/or the number of shares. This helps us accurately process and properly recognize your generous contribution.
Step 2: Instruct Your Broker Contact your broker and provide the following transfer information:
| Account Name | Porchlight Music Theatre |
| Broker | Charles Schwab |
| DTC Number | 0164 |
| Account Number | 6086-9196 |
| Federal Tax ID | 36-4021553 |
Step 3: We Take It From Here Upon receipt of your shares, Porchlight’s broker will liquidate the securities in the most cost-effective manner. We’ll send you an acknowledgment letter confirming your gift. As always, we recommend consulting your tax advisor regarding the specific benefits of your contribution.
Download our Gifts of Stock info sheet here.
Porchlight Music Theatre is a 501(c)(3) nonprofit organization. Your contribution is tax-deductible to the extent allowed by law.
