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Growing Stock,
Growing Generosity

How your donations will benefit Oil Lamp Theater:

Oil Lamp Theater is grateful to accept equities from our donors. Your generosity and investment expertise will provide long term benefits for our community. 

How your donations can benefit you:

There are tax advantages if you make contributions via a transfer from your IRA, (if eligible for withdrawals), or by transferring appreciated stock holdings for the value of your donations.

 

  • If you are over 70 ½ years old, you can direct your IRA administrator to send funds directly to Oil Lamp Theater. By doing so, you avoid the taxes that would be due if you first withdrew the funds and then donated to the theater.

 

  • If you have individual stocks that have appreciated, you can gift those shares to the theater. By doing so, you eliminate the capital gain that would have been due if you had first sold the shares and then donated to the theater.

 

NOTE: Contributions from an IRA or STOCK cannot be used for contributions where you receive something of value.

Donation Instructions

To make a contribution from an I.R.A. account

  • Contact your I.R.A administrator and request that they send a check to:

Oil Lamp Theater​

1723 Glenview Road

Glenview, IL 60025

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To make a contribution of STOCK from your brokerage account

  • Contact your broker and fill out a stock transfer form. Each brokerage firm has a unique form but all will all require the following information:

Recipient: Oil Lamp Theater NFP

Address: 1723 Glenview Road, Glenview, IL 60025

Recipient Brokerage: Wells Fargo

Recipient Account Number: 7256-0411

Recipient Tax ID: 45-4791301

DTC Number: 0141

  • Please email finance@oillamptheater.org the following information when the transfer is initiated:

    • Number of shares

    • Stock symbol

    • If this donation can be recognized publicly or you wish to remain anonymous.

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