Many of our donors choose to make stock gifts to Friends of SDPB each year. Giving stock held more than 12 months offers a two-fold tax savings:
Receive a tax deduction for the full fair market value of the stock on the date of the gift
Avoid paying capital-gains tax on the increase in value of your stock
Subtracting the tax savings from what you originally paid for the stock can result in a gift that costs just pennies on the dollar. This is an excellent giving option for stock that has appreciated substantially in value. Your gift of stock also brings with it SDPB Membership.
How to give stock/securities to Friends of SDPB
Brokers usually require delivery instructions in writing, check with your financial advisor for details. To make a gift to Friends of SDPB, first give our brokerage service’s information to your financial advisor:
For gifts of stock, please contact Friends of SDPB at (605) 367-7266 or friends@sdpb.org.
Contact your giving officer or email us at friends (at) sdpb.org with questions.
Giving Stock
For gifts of stock, please contact Friends of SDPB at (605) 367-7266 or friends@sdpb.org.
IRS Tax ID/EIN
The IRS recognizes Friends of SDPB as a Tax-Deductible, 501(c)3 Non-Profit Organization.
Our Tax Identification Number (EIN):