Gifts of long-term appreciated stock entitle you to an income tax deduction equal to the fair market value of the stock and allow you to avoid the capital gains tax that would have applied had you sold the stock, subject to tax deduction limitations. Contributions may be made directly through brokerage accounts.
Topeka Collegiate gladly accepts gifts of securities. Stock transfers can be applied to pledge payments. For information on how to make a stock transfer, follow the instruction below, or contact Development Director Briana Jackson at email@example.com or by phone at 785.228.0490.
To transfer Depository Trust Company (DTC) eligible securities
Topeka Collegiate School account information for your broker:
- E-Trade Account #61662506
- DTC #0385
- For: Topeka Collegiate School
- Federal Tax ID #48-0940713