Stocks and Mutual Funds
Using appreciated stock or mutual funds is a tax-wise way to fund your gift to KQED. Gifts of appreciated securities held longer than one year are exempt from capital gains taxes and for outright gifts entitle the donor to a tax deduction equal to the fair market value of the securities at the time of transfer.
To avoid exposure to capital gain tax, the stock must be transferred to KQED. We then sell the stock from our account.
To make a current gift of stock, please give your broker the following instructions for electronic delivery to KQED.
Deliver to DTC 0164
Account number: 5218-5436
Account name: KQED Inc.
Please contact us at (415) 553-2300 or email@example.com to notify us of the transfer details so that we can properly credit your gift and provide you with a letter for tax purposes.
Charles Schwab & Co, Inc.
101 Montgomery Street
San Francisco, CA 94104
Also on KQED.org this week ...
Drought Watch 2015: Record-Low Sierra Snowpack
The Sierra Nevada snowpack, which typically supplies nearly a third of California's water, is showing the lowest water content on record: 6 percent of the long-term average for April 1. That shatters last year's low-water mark of 25 percent (tied with 1977).
"Boomtown" History of the San Francisco Bay Area
KQED's "Boomtown" series will seek to identify what is happening in real time in the current boom, and also draw out the causes and possible solutions to the conflicts and pressures between the old and the new.