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: [email protected]
- Fax: 919-460-3702
- Postal system:
Planned Giving Department
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
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.