Giving securities is one of the most effective ways to give from a tax planning perspective. Giving publicly traded securities to Washington National Cathedral that were purchased over a year ago and have increased in value can be an especially attractive way to fund a donation. A donor may benefit from a charitable deduction equal to the value of the securities. In addition to the tax deduction, capital gains tax is not due on gain in the donated securities.
Information for Electronic Stock Transfer to Washington National Cathedral |
|
---|---|
Beneficiary Account#: |
5UP-02252 |
Beneficiary Name: | PECF/Cathedral |
DTC#: | 8862 |
Tax ID#: | 53-0196604 |
Broker Address: | Merrill Lynch 1152 15th St. NW Suite 6000 Washington, DC 20005 |
Broker Telephone: | (202) 434-4718 |
Broker Contact: | Cynthia Pierce | Cynthia_Pierce@ml.com |
Please contact us via mail, email, fax or telephone regarding the purpose of the gift when the transfer is made. If you have any questions, please contact Samrawit Kebede at 202-537-6294 or via email at giftofstock@cathedral.org. Additional information is available here.
Thank you for your support of Washington National Cathedral.