Gifts of Stock
Making a stock gift to ThinkTV can be as simple as a phone call.
Many people find it convenient and a tax benefit to contribute stock to ThinkTV. To do so, call your financial advisor, stockbroker or attorney to make an electronic transfer through which your broker can transfer shares using ThinkTV’s DTC number. Here is the information that is needed to make the stock gift:
Merrill Lynch Wealth Management
312 Walnut Street, Suite 2425
Cincinnati OH 45202-4170
DTC Number: 5198
Account Number: 7LS – 02030
Account Name: Greater Dayton Public Television
Brokerage Contact Information:
Kim Wissemeier Telephone: (513) 562-2109
Annette DiTommaso Telephone: (513) 562-2156
Toll Free: 1-877-540-3669 Fax: (513) 322-4150
NOTIFICATION OF DONOR INTENT
The donor or the transferring broker must provide the following information to properly record your gift to ensure that you receive an acknowledgement:
- Donor name and complete address
- Name and number of securities transferred
- Name of brokerage house shares will be transferred from
- Date of transfer
If you have questions or need additional information, please contact:
Kay High, Associate Director, Development
110 S. Jefferson Street
Dayton, Ohio 45402
ThinkTV Tax ID: 31-0858459
Turn Your Stock Market Gains into Community Change
It's that time again! As the year winds down, many ThinkTV supporters are considering what to give and how to give before December 31st. Cash gifts are always popular and deeply appreciated. Yet, have you considered a gift of appreciated stock? Donating stock can prove to be good for you and even better for our community.
For starters, a gift of appreciated stock can generate attractive tax savings. By donating appreciated stock that you’ve owned for more than a year, you would become eligible to claim a tax deduction for what the stock is worth today as opposed to what you paid for it many years ago. This charitable deduction could help reduce your taxable income and ultimately your tax.
If you decide instead to sell this same stock, you would be taxed on the gain, even if you ultimately decide to donate the proceeds to a charity. Giving stock directly to ThinkTV can help keep your long-term gains in the community rather than on your federal tax return.
Last but definitely not least, stock is a convenient way to increase your support. We know that many of our loyal supporters would like to do more but to support the mission of ThinkTV but are concerned about their cash flow. By donating appreciated stock, you would be able hold on to your cash and perhaps make a bigger impact than you otherwise thought possible.
So, get a head start on your year-end giving by contacting your broker today! You can also contact Kay High at (937) 220-1647 or firstname.lastname@example.org.