Giving FAQs

/Giving FAQs
Giving FAQs 2016-12-07T19:35:28+00:00

Is my gift tax deductible?

Yes.  Unlike tuition, your gift is a tax-deductible contribution. Consult your tax advisor for details.

Is the size of my gift confidential?

Absolutely! Gift amounts are kept confidential. Donor levels are recognized in playbills, on the website and on the new annual donor wall, but specific contribution amounts are confidential.

We gave to the Building Fund. Is Annual Giving different?

Yes, Annual Giving is different!  The Building Campaign made it possible for us to build the gorgeous Beverly Taylor Sorenson Arts & Education building we now enjoy, without having to raise tuition. With the completion of the building, we were able to increase many programs and reach out to more members of the community. Annual Giving goes directly toward costs associated with programs in schools, scholarships, costumes, etc.

Why do we need Annual Giving?

Tuition only covers about 75% of the entire cost of educating a dancer at Tanner Dance.  Among other things, Annual Giving helps to pay for costumes, teacher and musician salaries, production fees, dancer enrichment and supplies. These are the things that really make Tanner Dance such a special place for our students.

Why not just raise tuition, rather than doing Annual Giving?

Raising tuition by the 25% needed to make up for Annual Giving would make Tanner Dance would no longer affordable for many families.

Can I set up automatic deductions from my bank account as monthly donations to Tanner Dance?

Yes! Please contact Lyndsi Pace at lyndsi.pace@utah.edu or 801-581-4079 to set it up.

What if I wanted to give gifts of stock, rather than cash?

Gifts of appreciated stock are a great way to give to Tanner Dance.  There can be significant tax savings using this method of giving, so consult your tax advisor.  If you are interested in making a stock gift, please contact Lyndsi Pace at lyndsi.pace@utah.edu or 801-581-4079.

Is there a way to give to Tanner Dance in my estate?

Yes, please contact Lyndsi Pace at lyndsi.pace@utah.edu or 801-581-4079 to discuss planned giving options.