MOCAD is supported by gifts both large and small.Donations make it possible to present outstanding exhibitions and over 300 free premier educational programs and maintain a renowned Museum to over 69,000 visitors free of charge.

GIFTS OF Stock + Securities

With donation of individual stock or mutual fund assets, individuals may be able to receive valuable tax benefits as well.

What’s all this about tax benefits? It’s simple.

If you own an asset that has appreciated in value, you normally pay capital gains tax once you sell the asset. You could then donate the proceeds directly to the Museum.

However, if you simply donated the stock instead, you wouldn’t incur any capital gains. You would be able to deduct the full value of the appreciated shares, thereby saving on taxes. Moreover, MOCAD would benefit from a larger gift than you may otherwise have been able to give.

A transfer on death (TOD) account.* By placing a TOD designation on your brokerage or investment account, that account will be paid over to one or more persons or charities after your lifetime.

Contact Marie Patton (mpatton@mocadetroit.org) for additional information on appreciated securities.

Seek the advice of your financial or legal advisor. If you include MOCAD in your plans, please use our legal name and federal tax ID.

Legal Name: Museum of Contemporary Art Detroit
Address: 4454 Woodward Ave., Detroit, MI 48201
Federal Tax ID Number: 20-3872376