Transferring appreciated stocks and securities to WXXI is tax-wise way to support public media. When you donate appreciated stock or securities, you avoid paying capital-gains tax on the increased value of your asset. You may also be entitled to a charitable tax deduction for the full fair market value of your stock, regardless of what you originally paid for them. When considering gifts of this kind, we recommend you consult with your financial adviser.
To make a gift of stock or securities, please give your broker the following instructions for electronic transfer to WXXI:
Broker: Merrill Lynch
Deliver to: DTC 8862
Account number: 810-07511
WXXI’s broker:
Richard Glaser, Senior Financial Advisor
Merrill Lynch – Pierce, Fenner & Smith Inc.
1241 Pittsford Victor Road
Pittsford, NY 14534
(585) 899-2616
Richard_glaser@ml.com
DTC 8862
Account number 810-07511
WXXI Federal Tax ID 16-0838086
When you are ready to make a gift of stock or securities, please notify Kathy Reed at 585-258-0319 or kreed@wxxi.org with information about the type of stock you’re giving and the number of shares. Very often, shares are transferred into our account with no donor information.
For more information about giving to WXXI via stock, IRA or Donor Advised Fund, please contact Kathy Reed, Vice President of Development, at 585-258-0319 or kreed@wxxi.org.