BREAKING: A few Olney Theatre friends have come together to create a $50,000 matching challenge to help OTC through these harrowing times. Every gift to Olney Onward! between now and November 26th will be matched, dollar for dollar, by these wonderful friends.
Won’t you please join the challenge?
As a not-for-profit institution, Olney Theatre Center relies on donors like you. A contribution from you helps us focus on our mission of producing, presenting, and touring extraordinary theatre experiences for our audiences and inspiring the next generation of theater-makers. Ticket sales cover less than half of our annual expenses, so we rely on philanthropic support from our community to keep our theatre thriving.
Here are some of the ways you can support Olney Theatre Center:
Make a secure online gift
That's the fastest, easiest way to help us. If you prefer, of course you can send us a check through the mail to our offices.
Olney Theatre Center's Tax ID Number is 52-1149571
Gifts from your Donor Advised Fund
As a nonprofit theatre, Olney Theatre Center is eligible to accept a gift from your Donor Advised Fund. Please authorize your fund manager to release your name we can record the gift properly and advise them to mail the check to Olney Theatre Center, 2001 Olney Sandy Spring Rd, Olney, MD 20832; Attn: Wes Meekins. We will be happy to provide any information or documentation needed. Please contact Associate Director of Development Wes Meekins at firstname.lastname@example.org or 301-924-4485, ext. 130.
Gifts of Appreciated Stock
Olney Theatre gratefully accepts gifts of stock, which provides you with additional tax benefits. Please contact Associate Director of Development Wes Meekins at email@example.com or 301-924-4485, ext. 130 to notify Olney Theatre Center of your transfer. (If we know a gift of stock is on the way, we can follow up and ensure that the transmission and sale are timely and efficient. When you email, please include the name of the stock and the number of shares to be transferred.)
Stock transfer details:
Olney Theatre Center broker: LPL Financial
DTC #: 0075
Account Name: Olney Theatre Center
Account #: 45704689
Up to $100,000 can be transferred directly from traditional or Roth IRAs annually to charitable organizations and recognized as donations.
The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, introduces new tax incentives for charitable gifts. The CARES Act introduces new tax incentives for charitable gifts. The CARES Act waives required minimum distributions (RMDs) during 2020 for IRAs and retirement plans, including beneficiaries with inherited accounts. This waiver includes RMDs for individuals who turned age 70 ½ in 2019 and took their first RMD in 2020.
If you are 70 ½ or older, while you do not need to take a mandatory distribution, making a gift from your IRA to Olney Theatre Center still may have a tax benefit to you this year. To make such gifts, it is important to not withdraw funds prior to a gift, but distribute them directly from an IRA to qualified charities. Please check with your IRA administrator or your financial advisor for more information. Contact Associate Director of Development Wes Meekins at firstname.lastname@example.org or 301-924-4485, ext. 130.
Gift installments scheduled over months or years allow donors to continue their support in an affordable and flexible manner. Please contact R. Wesley Meekins, Associate Director of Development at email@example.com or 301-924-4485, ext. 130.
Employee Matching Gifts
Many employers match donations to charitable organizations for their employees, retirees and family members. Employer matching gifts can double your donation to Olney Theatre Center. To initiate a matching gift, check with the personnel or human resources department at your employer. If the employer uses a Matching Gift form, please complete and send it to: R. Wesley Meekins, Development Dept., Olney Theatre Center, 2001 Olney- Sandy Spring Road, Olney, MD 20832 or email him at firstname.lastname@example.org.
Giving through your estate
You may choose to make Olney Theatre Center part of your trust, bequest, or endowment. Planned gifts ensure the continuation of our artistic productions and outreach programs and create your own legacy of support. Members of our 1938 Legacy Society enjoy special engagement opportunities, too! Please contact Associate Director of Development Wes Meekins at email@example.com or 301-924-4485, ext. 130, for more information.
Giving a gift in memory of a loved one or in honor of a birthday, anniversary, or special occasion is a unique way to pay tribute to an individual while supporting Olney's mission.
In-kind donations are contributions of goods or services, other than cash. Due to limited storage space, not all items can be accepted, so please contact the Development Department to confirm your gift can be accepted.
Support Olney Theatre Center while you shop! If you like to shop at Amazon, please click here and choose Olney Theatre Center as your Supporting Charity. Olney Theatre Center will receive .5% of the cost of your eligible purchases.
Tax ID Number
Olney Theatre Center's Tax ID Number is 52-1149571.
For general inquiries, please contact R. Wesley Meekins, Associate Director of Development at firstname.lastname@example.org or 301-924-4485, ext. 130.