How to donate securities
A simple way for your donation dollars to go even further
If you hold investments in a taxable investment account that have appreciated in value, consider donating the investments themselves to JAZZ.FM91. By donating investments that have appreciated in value you will be exempt from the capital gains tax on the donated investment. You’ll also receive a tax receipt for the fair market value of your donation. The combined tax savings when donating in this manner can be notable.
Types of qualifying investments:
- Shares, bonds or rights listed on a designated stock exchange
- Mutual funds
- Exchange-traded funds
- Interest in related segregated funds
- Government bonds
How to donate securities to JAZZ.FM91
Interested in donating securities to JAZZ.FM91? It’s easier than you think! Just follow these three simple steps.
Step 1: Contact our securities administrator at email@example.com.
You will be provided with a form that will include the details of our investment account, and other fields that you will need to fill in to execute the transfer. At this time, we will also loop in our investment account manager, and we will make sure that we have your name and contact information on file so that your donation, once received, will be properly credited to your record.
Step 2: Complete the form and send it to your broker or adviser.
Your broker/adviser is responsible for initiating the transfer, but please copy firstname.lastname@example.org as well as our investment manager so that we are all aware that the transaction is under way.
Step 3: Let us know when the transfer is complete.
Securities are transferred into our account without attribution, so be sure to let us know once the transaction is complete. We will verify the amount to be receipted, which corresponds to the value of the shares when legally transferred to JAZZ.FM91’s account. Note that it is the station’s policy to sell the shares at the earliest opportunity.
Still have questions? Contact us at email@example.com for more information or assistance with your securities donation.