Donate

FAQs

Is my donation tax deductible?

Yes, we are a 501(c)(3) non-profit, so all donations are fully tax-deductible! Our EIN/Federal Tax ID number is 84-1869280.

How Can a Gift of Appreciated Securities Provide Me Even Greater Tax Savings?

When you give securities that have grown in value since you acquired them, you may avoid capital gains tax in addition to the tax savings from deducting the value of the gift. In many cases, this can result in tax benefits that are significantly greater than a cash donation of equal value.

How many students do you fund each year?

That number changes based on our available donor funds and the amount of funding each funded student needs. Our goal is to fund as many students as possible!

 

Can my donation be earmarked for a specific student?

 Yes, as long as the student is deemed qualified for that amount by our Educational Advisory Board.

Do your education partners profit from my donations?

No. All of our education partners offer their services to our students at cost, meaning a price that covers only teaching artist fees and necessary administrative support. This is substantially lower than the fees they charge their non-scholarship students.

What do you mean by education partners?

We seek teaching artists, theatre training groups, college guidance organizations, and others that focus on high school students and align with our mission and values. If an initial meeting determines that a partnership feels like a mutually good fit, members of our Educational Advisory Board will observe them in action and make a final determination about partnering. This vetting process ensures that our donors are funding the highest quality, student-centered education and that our students are receiving this education!

I’m an experienced teaching artist or college guidance counselor interested in possibly establishing a partnership with you. Are there any financial requirements?

 We ask that our educational partners offer their services to our students at cost, meaning a price that covers only teaching artist fees and necessary administrative support. We also ask that our education partners support TFCA by promoting and participating when possible in our fundraising events such as concerts and silent auctions.

I have expertise in a field related to your work and would like to volunteer for you. How do I go about doing so?
I’m not a teacher, but I know a student who fits your eligibility criteria. Can I recommend that student for a scholarship?

Absolutely! If you know or think that the student meets our qualifying criteria, email us at recommend@thefundforcollegeauditions.org and tell us about him or her! Make sure the student also reaches out to us ASAP to apply.

 

Donate Appreciated Securities

​Why a Gift of Appreciated Securities May Make Sense For You

A donation of appreciated securities can provide substantial tax benefits. When you give securities that have grown in value since you acquired them, you may avoid capital gains tax in addition to the tax savings from deducting the value of the gift. In many cases, this approach to giving can result in tax benefits that are significantly greater than a cash donation of equal value.

Please consult your tax advisor to better understand how a gift of appreciated securities can lower your tax bill.

How To Donate

The process is as simple as directing your brokerage to transfer the securities from your account to ours. If you would like to do so, please send us an e-mail at development@thefundforcollegeauditions.org to let us know about your gift, and we’ll provide you with the instructions that your broker will need.

If you have any questions or would like more information, please feel free to contact us at
development@thefundforcollegeauditions.org or 646-817-5678.