Helpful Information
WAYS TO MAKE YOUR GIFT
Annual Gifts, Planned Gifts, and Gifts to the Endowment have greatly contributed to the Goodman’s history of artistic excellence. Listed below are just some of the charitable giving options available.
Gifts to the Goodman, a 501 (c) 3 charitable organization, entitle you to an income tax charitable deduction of the full value of the gift up to 50% of your adjusted gross income in the year you make the gift. If the deduction exceeds your 50% allowance, you may carry forward the additional value for as many as five or more years and take the deduction over time.
Thank you for your generosity and consideration!
TAX ID
The Goodman’s federal tax identification number is 36-2896025.
LEGAL NAME
Goodman Theatre is incorporated as Chicago Theatre Group, Inc.
CASH
Gifts of cash, check or credit card to the Goodman can be made online, by calling the Development Office at 312.443.4811 ext. 580 or by mailing to:
Goodman Theatre
170 N Dearborn Street
Chicago, IL 60601
Attn: Development Office
STOCK
To make a gift of stock to Goodman Theatre, please return the accompanying form HERE and provide Goodman Theatre details of the gift: including the name of the donor, the name of the stock, the number of shares, and the date of transfer. Per Goodman policy, stock gifts are sold upon receipt.
To make a gift of stock to Goodman Theatre, please contact the Goodman Development Office at Development@GoodmanTheatre.org or call 312.443.3811 ext. 580 and request stock gift instructions.
The Goodman will send a receipt along with a formal letter acknowledging the contribution. As per IRS rules, stock gifts are valued using the average market price of the date the DTC transfer is completed. Thank you very much in advance for your generous support.
ACH ELECTRONIC TRANSFER
To make an electronic funds transfer to Goodman Theatre, please contact the Goodman Development Office at Development@GoodmanTheatre.org or call 312.443.3811, ext. 580 and request stock gift instructions.
DONOR ADVISED FUNDS
The Goodman accepts a range of gifts including contributions made from donor-advised funds, family foundations, IRA distributions and other charitable funds. These gifts are not eligible to receive non-tax-deductible benefits.
DESIGNATE YOUR GIFT
You gift can be directed to support a specific aspect of the theater’s programming – click on the links below to find our more information on each:
PLANNED GIFTS
Planned gifts are committed during an individual’s lifetime and take effect posthumously. There are various giving vehicles including a bequest in a will or trust, beneficiary designation through a retirement account or life insurance policy. If you are interested in designating a gift of this nature, please use the following language: “I hereby give and bequeath to the Goodman Theatre, incorporated as Chicago Theatre Group, Inc., a not-for-profit corporation in Chicago, Illinois [specific amount, percentage of estate, or specific property] designated for [General Purposes, New Work Development, Education and Engagement or Accessibility programs].”
BEQUESTS
A provision in your will or trust document that directs a portion of your estate to a named beneficiary (such as the Goodman) is called a bequest. A charitable bequest not only furthers your lifetime commitment to Goodman Theatre, but also qualifies your estate for a charitable deduction that can reduce estate tax liability. There are several ways to make a bequest: you can leave a specific monetary amount; you can leave a specific piece of property, or you can leave a percentage of your estate.
