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While long-term planning is a vital part of sustainability for the LA Phil, the needs of our orchestra, youth, and community are immediate. Making an outright gift today is the most direct way to provide for the LA Phil now. Your outright gift also provides the greatest possible tax advantages for you.
The Power of Appreciated Securities
Gifts of appreciated securities, like stocks or bonds, allow you to maximize your impact and tax benefits. When you donate gifts of appreciated securities, you receive a charitable income tax deduction for the full value of your securities. You also eliminate capital gains tax on the appreciation, ensuring that your investment supports the LA Phil instead of going to taxes.
Smart Giving from Your IRA
For those 70½ and older, a Qualified Charitable Distribution (QCD) from your IRA is a tax effective way to donate. By directing a gift from your IRA straight to the LA Phil, you avoid the income tax you would pay if you withdrew the money yourself. For those who are subject to Required Minimum Distributions (RMDs), a QCD gift can satisfy your RMD while supporting LA Phil programming.
Make Your Mark Today
| Gift Type | How It Works | Immediate Impact | Primary Benefit to You |
|---|---|---|---|
| Cash, Check, or Credit Card | A simple, direct contribution of money. | Funds are immediately available for the LA Phil to use. | Provides an income tax charitable deduction to reduce your taxes. |
| Appreciated Securities | Transferring stocks or bonds that have increased in value. | The LA Phil receives the full value of the securities with no capital gains tax. | You receive a tax deduction for the full value and eliminate capital gains tax. |
| Qualified Charitable Distribution (IRA) | For those 70½ and older, a direct transfer from your IRA to the LA Phil. | Directly supports our initiatives without being taxed as a withdrawal. | Avoids income tax on the transfer and satisfies your RMD requirements. |
*New for 2026: Taxpayers who do not itemize deductions may claim a charitable tax deduction for cash gifts of up to $1,000 ($2,000 for couples filing jointly).