GIFTS OF APPRECIATED ASSETS
Did you know that a direct transfer of appreciated stock is a good way to make a gift to the Mission? There are very favorable tax rules for donors who want to donate long-term stock that has appreciated. You avoid paying capital gains taxes on the stock. You may also be able to take a charitable deduction for its present market value. Please see IRS Publication 526 for more tax information on Charitable Contributions. You can also speak with your broker about gifts of appreciated assets.
HOW TO MAKE A STOCK DONATION
Would you like to donate stock? Please contact Betsy Tewalt, Director of Business and Finance, at 208-639-3290 or by email at [email protected]. Please give her the following information:
- Your intent to make a gift to the Mission
- Your full name, address, and telephone number
- The estimated transfer date
- The name of your securities firm
- The name and contact information of your broker
- The intended purpose of your gift
Electronic Transfer
Securities should be transferred to the following:
RBC Wealth Management
DTC 0235
A/C Name: Boise Rescue Mission
A/C Number: 32961747
Our RBC Wealth Management Contact: Michael Treinen
| Telephone: | 208-389-6800 |
| Email: | |
| Mailing Address: | 661 S. Rivershore Lane, Ste. 200, Eagle, ID 83616 |
Once your stock gift is processed, a tax receipt will be mailed out stating the name of the stock, the number of shares, and the date it was received by Boise Rescue Mission. Your tax advisor should determine the value of the gift.