Your donation to The Fox helps us reach our goals of bringing more and more world-class performances to Tucson, providing impactful performing arts education for children, and protecting this wonderful and unique historic theater.
If you would like to contribute to the success of the Fox Tucson Theatre, please CLICK HERE to create an account and make a general donation. Every dollar counts.
Fox Tucson Theatre features restored original seating. Each seat has been restored to its 1930’s appearance and seat underwriters have their name permanently affixed to their seats. Seats cost $1,000 to underwrite.
With potential financial advantages to your estate, such a gift reflects your dedication to The Fox Tucson Theatre Foundation for the generations, while avoiding possible tax liabilities for your family and other beneficiaries.
The Fox currently accepts three types of planned gifts: charitable bequests; IRA or Pension Plan Beneficiary Gifts; and outright gifts from your IRA today. A brief description of each type of gift is offered below.
Charitable Bequests
A bequest is a gift made through your will or living trust. There are several types of bequests you can designate to ensure that your gift will be made in a way that honors your legacy: you can stipulate a gift of a specific dollar amount, or property such as stock, to be donated to The Fox; or you can select a percentage of the value of your estate to be given. Your intent to make such a bequest to The Fox can be made clear in your will or living trust using simple yet explicit language, upon consultation with your attorney.
IRA or 401K Planned Gift
Consider naming The Fox as a beneficiary of your IRA or pension plan. Retirement plans may be subject to estate taxes after death and income tax as the funds are received by a beneficiary, diminishing the ultimate value of the account. But by naming The Fox, a nonprofit 501(c)3 organization, as a beneficiary, both of these taxes can be avoided, allowing you to leave your family other assets that incur less tax liability.
Give from Your IRA Today
If you are 70 ½ years of age or older, you can make a tax-free gift from your IRA today! This generous, tax-wise gift will help you make the most of your legacy while supporting The Fox now.
For more information about Planned Giving, please contact our development staff at 520-624-1515 or [email protected]
Please note that this information is designed to provide general guidelines about planned giving to the Fox Tucson Theatre Foundation, including some of the potential financial benefits. It is not intended to provide specific advice about the legal or tax implications of charitable giving. Please be sure to contact your financial or estate advisor for further information and advice to determine which planned gift is the best fit for you.