Appreciated Stocks and Securities
Gifts of publicly traded securities, including stocks, mutual funds, municipal and corporate bonds, treasury bills and notes, warrants, stock options and stock appreciation rights can be a mutually beneficial way to combine your charitable giving goals with effective estate and financial planning.
Completing a gift of securities is most often done through an electronic transfer directly from your broker to Idaho Public Television´s account. You will need to provide your broker with important information found on this Notification Gifts of Stockof Stock Transfer Form (PDF).
Individual taxpayers have long enjoyed the opportunity to make contributions of stocks, bonds, mutual funds, and other securities that have increased in value while bypassing capital gains tax that would be due if sold. When you make a donation to Idaho Public Television appreciated securities you might receive an immediate tax deduction and savings on capital gains.
When securities have decreased in value, it may be advantageous to sell the securities and then make a cash contribution. You may then be able to claim tax benefits for the capitol loss as well as the value of the contribution.
Idaho Public Television is not a tax advisor. To maximize the benefit of your gift, please contact the services of a professional tax or financial advisor.