WHY SUPPORT THE ALEXANDRIA SYMPHONY ORCHESTRA?
Ticket sales only cover a quarter of the ASO’s expenses. Contributions through annual giving, sponsors for concerts and guest artists, funds raised through special events, and grants from governments, foundations and corporations provide over 75% of the symphony’s annual revenue.
The ASO welcomes your donation in any amount. Depending on your tax situation, donations may be tax deductible, as the IRS classifies the symphony as a charitable 501(c)(3) organization. If you wish to donate today via credit or debit card, please click on the button below.
The ASO also welcomes your contribution by check. Please mail your contribution to:
700 N Fairfax Street, Suite 501, Alexandria, VA 22314.
Gifting Shares of Stock
The ASO welcomes gifts of securities as contributions. If you are planning to make a gift of appreciated stock to the ASO near the end of the calendar year, please do so as soon as you are able. It may take a week or more from the time of your request to transfer your stock donation between brokers. It will be helpful to the ASO office staff and for your own record-keeping to have these transfers completed in a timely fashion before year-end.
To initiate a stock transfer, please call 703-548-0885 or email Melinda Kernc at email@example.com.
Giving Through Your Individual Retirement Account (IRA)
As many Alexandria Symphony Orchestra patrons know, reaching age 70-1/2 is that milestone when individuals may contribute up to $100,000 each year in charitable contributions directly from their Individual Retirement Accounts (IRAs) and avoid paying taxes on those contributions, even if they do not itemize their tax deductions. If you have reached the age where you must take minimum required distributions (which varies, but is currently 73), any direct contribution to the ASO can offset that requirement, allowing you to avoid taxes on that portion of your RMD, even if you do not itemize your donations. This qualified charitable distribution avoids taxes that you would have otherwise owed on an IRA distribution, but funds must be paid directly from your IRA to the ASO or another qualified nonprofit. If married, each spouse can contribute up to $100,000 each year, for a total of $200,000. Your tax advisor can counsel you on whether a qualified charitable distribution is right for you.
Additional Options for Giving
Many ASO patrons now find it convenient to donate through a donor-advised fund. If this is your preferred method to support the symphony, we welcome these contributions. For more information, please contact Melinda Kernc at firstname.lastname@example.org.
Alexandria Symphony is a 501c3 charitable organization. All gifts to the Alexandria Symphony Orchestra are tax deductible as allowed by law. Federal Tax ID is 54-0805937.