Give Stock to YES!
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Your donation of appreciated stock will support our work, count as a tax-deduction for you, and free you from capital gains tax on the stock’s increased value.
Here’s how it works:
If you purchased stock for $500, and it is now worth $5,000, your gift of the stock is tax-deductible at the current value of $5,000. In addition, you will pay no capital gains tax on the $4,500 appreciation.
- Ask your broker to transfer the shares to the Positive Futures Network (the nonprofit publisher of YES! Magazine).
- Our broker is:
Morgan Stanley, Smith Barney
111 Wall Street, 3rd Floor
New York, NY 10005
877-357-0888
Account # 76 J 51624 - DTC Clearing Code # 0418
Please make donations to the Positive Futures Network, tax ID # 91-1715916
- To ensure that you are properly acknowledged for your gift, it is helpful to let us know a transfer is taking place by calling us at the number below.
Questions?
Call development manager Jessica Lind-Diamond at 206/842-5009, extension 213, or email her at jlinddiamond [at] yesmagazine.org.
YES! Magazine encourages you to make free use of this article by taking these easy steps.
lotto. (2009, June 30). Give Stock to YES!. Retrieved November 20, 2009, from YES! Magazine Web site: http://www.yesmagazine.org/support-yes/give-stock-to-yes.
This work is licensed under a
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