Donate Stock to 5 Points Music Sanctuary
Making a stock donation to support 5 Points Music Sanctuary enables us to continue our mission to celebrate the magic of sound in all its glory. Through our vibrant live events and concerts, we bring together audiences from near and far, uniting them in the sweet embrace of music. But our purpose goes beyond the stage. We’re committed to making a difference in the world through music therapy, hearing loss advocacy, and enhancing accessibility. Our journey began in January 2017, when we set out with a simple but profound mission: “To pursue the power of sound in all its glory.”
Our story is deeply rooted in a remarkable journey of hope and inspiration. Our Founder and Director, Tyler Godsey, experienced the transformative gift of sound through his two children, born deaf. At the tender age of 11 months, they received the incredible gift of cochlear implants, allowing them to discover the beauty of music and sound. This gift serves as the heart and soul of 5 Points Music, driving everything we do.
Support 5 Points Music Sanctuary by making a charitable gift in stock. We accept donations in publicly traded, domestic common stocks.
How can I donate stock to 5 Points Music Sanctuary?
Donating stock is safe and easy. Using the donation form on this page, making a charitable gift of stock is a quick, five-step process:
- Select your stock ticker and confirm the company name in the donation form
- Enter your gift amount
- Type in your email and address info for the receipt
- Enter your brokerage account information
- Virtually sign & make your gift!
Upon making a donation, you will receive an email notification from The Giving Block that your gift is being processed. In some circumstances, you may need to take action with your broker. The email will have instructions on any next steps.
Charitable donations of stock are processed safely and typically within 6-8 business days with The Giving Block in partnership with Renaissance Charitable Foundation. Processing times can be longer during December or when dealing with restricted stock.
Why does 5 Points Music Sanctuary accept stock?
Stock fundraising is a critical donation revenue driver for nonprofit organizations like 5 Points Music Sanctuary.
With over 60% of Americans owning stock and billions in stock donated to US charities every year, stock donations can make a wide-reaching impact through philanthropy. Studies show that nonprofits that accept noncash assets typically grow 50% faster than those that do not and they grow 66% faster when they accept non cash securities such as stock.
Donating stock is also one of the most tax-efficient ways for individuals to support causes that matter to them. We are excited about what the future holds in the crypto and blockchain space, and believe that we’ve just scratched the surface of its true fundraising potential.
Which stocks do you accept?
We currently accept publicly traded, domestic common stock.
We are continually in the process of adding support for new assets to donate, so please check back soon for more giving options.
Are stock donations tax-deductible?
Yes! Stock donations are one of the most tax-efficient ways to give to charity. Your stock donation is tax-deductible to the extent permitted by law; if you pay taxes in the U.S. By making a charitable gift, you may also be eligible to significantly reduce what you would otherwise owe in capital gains taxes.
As with any tax-related questions, be sure to consult with a qualified, professional tax advisor.
I need assistance with my donation. How can I get in touch?
Thank you for your interest in supporting 5 Points Music Sanctuary. To contact us about making a crypto donation, please send us an email at crypto@5pointsmusic.com with the subject line, “Stock Donation.”