Gifts of Securities
As you may know, the benefits of donating appreciated securities (stock or
mutual funds) are tremendous. By doing so, you are able to avoid paying capital
gains tax on the appreciation and are also able to claim a charitable deduction
for the full fair market value of the security on the date of the gift.
If you desire to make a gift of appreciated securities to TWR, here are
helpful instructions for you:
-
An electronic transfer of shares can be made very easily to TWR. Please request your broker or bank to make a free delivery of securities
to:
- Brokerage Name: Schwab Institutional
- Brokerage DTC Number: 0164 Code 40
- Account Name: Trans World Radio
- Account Number: 5025-2502
- TWR's Federal Tax ID number (if needed): 22-1690564
Please e-mail, fax or mail TWR the following information so
that we can identify your gift and send you a special receipt letter for your
records. TWR is not able to identify the source of stock gifts without this
information.
- Your name and address
- Daytime phone number
- Name of stock
- Number of shares
- Date of transfer request
- Designation of your gift
You may send the information to the attention of the Planned Giving department
via any of the following methods:
- Email: info@twr.org
- Fax: 919-460-3702
- Postal system:
Planned Giving Department
TWR
P.O. Box 8700
Cary, NC 27512-8700
For tax purposes, the date of your donation of electronically transferred
shares is the date that the shares are actually received in TWR's
account.
-
If you desire to give stock held in certificate form, please call TWR's Planned Giving Department for specific instructions
at 800-456-7897.
-
Mutual fund shares may also be given to TWR. Please call our Planned Giving
Department at 800-456-7897 to discuss the best way to accomplish this.