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Gift of Stock

Gifts of Stock

Gifts of stock can be a mutually beneficial way to combine your charitable giving goals with effective estate and financial planning.

Completing a gift of stock is most often done through an electronic transfer directly from your broker to Idaho Public Television┬┤s account. Here is the information you'll need to provide to your broker to initiate a gift of stock: 

Organization Name: Friends of Idaho Public Television, Inc. a 501(c)(3) Status Non Profit
Federal Tax ID #: 82-0400218
Broker: Charles Schwab
IdahoPTV Account #: 8456-4506
DTC Clearing #: 0164, Code 40
Contact for Charles Schwab:
McMillen Company
Mike McMillen
(208) 343-1274; mike@mcmillencompany.com
 

Advantages

When you make a donation to Idaho Public Television via 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.

To maximize the benefit of your gift, please contact your tax professional or financial advisor.
 

To learn more about making a gift of stock to The Friends of Idaho Public Television, please contact Jenifer Johnson, Director of Charitable Giving: Jenifer.Johnson@idahoptv.org.

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