For stock held in brokerage accounts, your broker can assist you in making a gift of stock via a direct transfer to Prager University Foundation. Giving a gift of publicly-traded stock that has increased in value and that you have owned for more than one year may provide better tax benefits than giving cash. Your charitable income tax deduction is equal to the fair market value of the stock and you avoid paying the capital gains tax on any increase in the current value over the original cost of the stock. You may also save on brokerage fees because you are transferring ownership rather than selling the stock.
Please contact us at firstname.lastname@example.org to make a stock transfer. Or ask your broker to assist you in transferring your stock to the following account:
DTC Participant Number 0062
Account Number 29682179
For: Prager University Foundation
Please include your name in the memo so we know who the donation is from!
PragerU gratefully accepts gifts from donor-advised funds (DAFs). These special philanthropic savings accounts may have grown in value since you donated the funds, increasing your impact.
Employers may match the charitable donations of employees or retirees, often doubling or tripling your impact. Check with your human resources department about matching gift
Prager University is a 501(c)(3) nonprofit, Tax ID: 27-1763901.
Your contribution is fully tax-deductible in the USA.