Giving marketable securities including publicly traded stock, bonds, or mutual funds can be a tax advantaged way to make your generous gift to NHPR. Appreciated securities, particularly those held longer than one year, may reduce or avoid capital gains obligations and allow you to take a full tax deduction for the fair market value of the stock at time of transfer resulting in a gift that could cost pennies on the dollar.
Once the transfer is complete, NHPR sells the stock and puts the proceeds to use supporting the programs and services you value. And it gives you the benefits of membership!
We encourage you to talk to your tax or financial advisor to better understand the implications of such a gift on your individual tax situation.
Electronic transfer through your bank or broker
This method is easiest for you and ensures the proceeds will benefit NHPR almost immediately. Your broker will require written instructions from you in order to initiate the transfer. Here’s the account information they will need to make the transfer:
NHPR Tax ID#: 02-0338667 NHPR is a qualified charity, 501(c ) 3
Broker: Charles Schwab & Co.
Clearing Number: DTC-0164
Account Number: 8498-2787
Customer Name: New Hampshire Public Radio, Inc.
IMPORTANT: Gifts of mutual fund shares may require special processing through your broker or mutual fund issuer and may take longer than a stock transfer. Contact us if you wish to donate mutual fund shares.
Please notify us of the details of your gift to ensure we can process it properly and provide receipt for your generous contribution. Share with us the expected date of transfer, the stock and the quantity you will or have donated.
For more information, questions or to notify of your gift, contact: Deb Turner, VP for Development, firstname.lastname@example.org or 603-2230-2416.