Donations to the Folk Arts Center of New England
Cash contributions of any size are always sincerely welcomed. Some FAC supporters choose to make in-honor-of and memorial gifts. All donations are tax-deductible to the full extent allowed by law; FAC is an incorporated 501(c)(3) educational organization. Checks may be made payable to “Folk Arts Center of New England” and mailed to:
Folk Arts Center of New England
10 Franklin Street
Stoneham, MA 02180-1862
We encourage inquiries regarding bequests; please see Planned Giving for more information.
Donations of frequent flyer miles help reduce the expense of bringing instructors and performers to FAC events. Please contact us if you can help this way.
Folk Arts Center members and friends contribute much-needed funds through their donations and purchases in support of FAC’s annual Benefit, auctions at Pinewoods Camp and Boston Harbor Scottish Fiddle School, and other fundraisers.
Car donation program
You may donate your used car, truck, or van to the Folk Arts Center of New England and receive a charitable deduction on your taxes in exchange. Please contact us with the following information:
• year, make, and model of the vehicle
• donor’s name, phone, email, and street address
The automobile auction facility that we use will contact you directly to make arrangements to pick up your vehicle. After the vehicle has been sold, you will receive a letter from FAC confirming your donation.
Many of our members and friends have made car donations through FAC in the past. Thank you for supporting FAC this way.
Stock donation program
Donating appreciated stock to a nonprofit 501(c)(3) organization such as the Folk Arts Center has significant tax advantages for the donor. For appreciated securities held longer than one year, the full fair market value of a stock donation can be deducted; consult a tax advisor for details. FAC’s broker sells the donated stock and remits the proceeds to FAC.
Stock held at a brokerage account can be delivered electronically through the DTC (Depository Trust Company) program. When you wish to make a gift of stock to FAC, include the following in the information that you provide to the transferring broker:
FAC’s account name: Folk Arts Center of New England, Inc.
Clearing broker: Fidelity Investments, PO Box 770001, Cincinnati, OH 45277-0002
Clearing broker's DTC number: 0226
Please contact us to obtain the FAC account number.
In addition to working with your broker to complete the physical transfer of stock, the donor or transferring broker must provide FAC with the donor’s name and complete address and the name and number of securities transferred, so that we may send you a gift receipt for audit and acknowledgment purposes.
Please contact us for more information about stock donations.
Some of the ways that businesses generously support Folk Arts Center programs include matching the FAC donations of their employees, funding the Copley Square summer dances, donating items to FAC fundraising events, providing refreshments for Balkan Music Night, and giving FAC a percentage of profits from the sale of their products to our members.
Please contact us about corporate donations.