Other Ways to Support
Qualified Charitable Distributions
Satisfy minimum distribution requirements while supporting important conservation and education initiatives at The Florida Aquarium by making a tax-free gift with an Individual Retirement Account (IRA).
Individuals 72 years of age or older may take advantage of a simple way to benefit The Florida Aquarium while enjoying tax benefits. Give up to $100,000 from an IRA directly to the Aquarium and pay no income tax on the contribution.
The transfer generates neither taxable income nor requires a tax deduction, so you benefit even if you do not itemize your deductions. Again, if you have not yet taken your required minimum distribution for the year, your IRA charitable rollover gift can satisfy all or part of that requirement.
Giving the gift of the future with your contribution today and experience the meaningful impact of your philanthropy. Together, we are building stewardship for the protection of the natural environment for the benefit of future generations.
Gifts of Securities
Highly appreciated stock or mutual fund shares are an impactful gift to The Florida Aquarium and our mission-driven programs.
This investment in the future of the blue planet offers several additional benefits to you as an investor. Avoid paying the capital gains tax on the increase in value of your stock or mutual fund shares. Receive a possible tax deduction for the full fair market value of those shares on the date of the gift.
How do I transfer Gifts of Securities?
There are several ways to transfer appreciated securities to The Florida Aquarium. The best method for you will depend upon how you hold the securities.
Electronic Transfer: If the securities are held in a brokerage account, you can make a simple paperless transfer from your account to The Florida Aquarium’s brokerage account with The Bank of Tampa. The pertinent information for the account is as follows:
- BT Wealth Advisors, The Bank of Tampa, 601 Bayshore Blvd., STE 960, Tampa, FL 33606
- Account Name: The Florida Aquarium
- Account Number: 4161-8905
- LPL Financial DTC#: 0075
- Federal Tax ID Number: 59-2807815
Stock Certificate(s): If you hold the certificate, please send the unendorsed certificate by certified mail to Kara Wagner, Chief Development Officer, The Florida Aquarium, 701 Channelside Drive, Tampa, FL 33602. In a separate envelope, please mail a signed stock power form with a guaranteed signature to the same address along with a cover letter outlining any restrictions associated with the gift.
Mutual Fund Transfer: Each mutual fund has its own method of transferring fund shares. Please contact the customer service representative at your mutual fund institution for instructions or you may contact Kara Wagner Chief Development Officer at (813) 367-4018 or firstname.lastname@example.org, and she will request the necessary paperwork.
Once the transfer has taken place, The Florida Aquarium will forward the appropriate documentation notifying you that the transfer of securities has been completed.
What if I own Depreciated Stock?
If you have depreciated stock and wish to use it in making a contribution to The Florida Aquarium, sell the stock and donate the proceeds to The Florida Aquarium. This will allow you to take a capital loss on the sale of the depreciated stock and also a tax deduction on the charitable gift.
Pledges enable a donor to plan a personal giving program that is both convenient and tax-wise. A pledge may enable a donor to consider a more significant gift than would have otherwise been possible. Terms for payment on pledges are flexible and at the option of the donor.
Many employers sponsor matching gift programs and will match any charitable contributions made by their employees.
Gifts in Memoriam / Gifts in Honor of
Honoring a family member, friend or colleague with a gift can be a touching tribute.
Alternatives to monetary gifts including supplies, equipment, etc. are often accepted.
Donor Advised Fund Gifts (DAF)
Gifts of appreciated securities may be tax deductible, up to 30 percent of your adjusted gross income. The deduction is based on the full fair market value, and capital gains tax is not due when the stock is transferred to the Aquarium.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor.