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Gifts of Stock
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A gift of appreciated stock generally offers significant tax savings—you avoid paying any capital gains tax on the increase in value of the stock, and you receive an income tax deduction for the full fair-market value of the stock at the time of the gift.
You can transfer stock to Chicago Public Radio electronically via Depository Trust Company (DTC). Simply provide the DTC instructions below to your broker. The securities will then be transferred to Chicago Public Radio’s account.
Note: Please advise your broker to include your name in the DTC transfer instructions. Additionally, either you or your broker should notify Chicago Public Radio of the incoming gift to further ensure proper credit. |
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DTC Transfer Instructions:
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Bear Stearns
DTC #352
Account Name: WBEZ Alliance, Inc.
Account Number: 320-13712-740
Donor’s name and address
Name of security and number of shares
Contact at Bear Stearns: Ms. Patti Carpenter
Phone: 312.580.4148
Fax: 312.356.7056
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Click here for a printable version of the DTC Transfer Instructions.
(To view this list you'll need Adobe Reader.)
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If you have any questions, please contact Jeff Dunlap, Director of Major Gifts, at 312.948.4686.
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