Giving a gift of stock to PAWS Chicago can have many tax benefits.
For example, contributions of appreciated securities held for over a year are generally deductible at market value, regardless of what the donor paid for them; moreover, the capital gains tax is avoided through such a gift. Just follow these two easy steps:
This will ensure that we correctly credit the gift to you.
- Email Lauren Robinson at lrobinson@pawschicago.org. Please provide:
- Your name, address and phone number
- The name of the stock
- The number of shares contributed
- The approximate date the transaction was made or will be made
- Have your stockbroker deliver any securities to:
- Bank of America Nominee Name: PACO A/N: Bank of America
- DTC Participant #0955
- DTC Agent #20955
- DTC Institutional #20955 (to be used if Bank of America is affirming party)
- Reference Client Account Name and Account Number: IM PAWS CHICAGO-GIFT ACCOUNT, 161010174851