Ways to Give: Frequently Asked Questions
At Austin Soundwaves, we appreciate your support in making music education accessible and equitable. Here are some smart and impactful ways you can contribute to our mission:
Q: Can I make a direct cash donation?
A: Yes! Cash donations are always welcome and can be made online through our secure donation portal or by mailing a check to:
Austin Soundwaves
PO Box 28251
Austin, TX 78755
Q: What are the benefits of donating appreciated stocks or mutual funds?
A: Donating appreciated stocks or mutual funds can provide significant tax advantages:
You avoid paying capital gains tax on the appreciated value
You may receive a charitable tax deduction for the full fair market value of the stock
Your gift has a larger impact as we receive the full value of your donation
Contact us at info@austinsoundwaves.org for instructions on how to transfer stocks or mutual funds.
Q: Can I make a Qualified Charitable Distribution (QCD) from my IRA?
A: Yes! If you're 70½ or older, you can make a tax-free donation directly from your IRA:
QCDs can satisfy your required minimum distribution (RMD)
The amount donated is excluded from your taxable income
You can donate up to $105,000 per year through QCDs
Consult your financial advisor for details on how to set up a QCD.
Q: How can I include Austin Soundwaves in my estate plans?
A: You can name Austin Soundwaves as a beneficiary in your will, trust, or retirement accounts. This allows you to create a lasting legacy while potentially reducing estate taxes. Sample bequest language:
"I give to Hispanic Alliance for the Performing Arts DBA “Austin Soundwaves,” a nonprofit corporation, tax ID# 45-1601843, currently located at 2235 EAST 6TH STREET, ROOM 107, AUSTIN, TX 78702, or its successors in interest thereto, [dollar amount or percentage] of my estate for its general charitable purposes."
Q: Can I donate through my Donor-Advised Fund (DAF)?
A: Absolutely! You can recommend a grant to Austin Soundwaves from your DAF. Provide your DAF sponsor with our name, address, and tax ID number to process the grant.
Our tax ID is: 45-1601843
Our legal name is: Hispanic Alliance for the Performing Arts DBA “Austin Soundwaves”
Our address is: 2235 East 6th Street, Room 107, Austin, TX 78702
Q: Are there other ways to support Austin Soundwaves?
A: Yes! Consider:
Setting up a monthly recurring donation
Workplace giving or matching gift programs
Volunteering your time and skills
Attending our events and performances
For more information on any of these giving options, please contact our development team at info@austinsoundwaves.org or call 512-927-6070. We're here to help you make the most impactful gift possible.
Remember to consult with your financial advisor or tax professional to determine the best giving strategy for your individual circumstances.