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The tax
advantages of gifts of securities – especially those that have
appreciated significantly – are significant. Gifts of this type
actually provide a double benefit. First, you receive a charitable
tax deduction for the full fair-market value of the property. Second,
you avoid any capital gain tax you would pay if you sold the securities
and donated the cash.
A third benefit
is the satisfaction you receive from knowing that your good fortune is
helping others learn to read and write, effectively giving them a chance
at the success you have known.
Instructions for
Certificates held by broker:
• Tell your broker in
writing what shares in your account are to be transferred to Lee Pesky
Learning Center.
• Your broker will
need the following information:
· Name
of company receiving the donation: Lee Pesky Learning Center
· Brokerage:
Merrill Lynch (800-937-0619)
225 N 9th St Ste 700
PO Box 7219
Boise, ID 83707
Contact: Chris Billings
208-338-3121 (direct line)
· Account
# 413-07109
· DTC#
5198
· Taxpayer
ID#133878574
· Mail
or fax a copy to the Development Coordinator at Lee Pesky Learning
Center,
3324 Elder Street, ID 83705 fax #
208-333-0888
· Your
valuation date will be the date the security is transferred to the
LPLC account.
Value is the mid selling value
for the security or the date of transfer.
Click here to calculate the after tax cost of your gift to LPLC
Return
to Gifts Page
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Copyright © 2002. Lee Pesky Learning Center. All Rights Reserved.
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