One of the most advantageous ways to contribute to Northwest Folklife is through a gift of stock. Making a gift of securities is simple and offers a number of valuable financial benefits:
- You can donate appreciated stocks, bonds or mutual funds
- The total value of the stock upon transfer is tax-deductible
- There is no obligation to pay any capital gains taxes on the appreciation
Be certain to notify Northwest Folklife of your/your client’s stock gift.
We do not automatically receive notification when stock donations are transferred directly to our broker account. In order for Northwest Folklife to provide an accurate receipt for a stock gift it is essential that we notified at the time of the gift and know the donor’s name and address as well as the type of stock, number of shares, and expected date of transfer. Please notify Northwest Folklife of your transfer of stock by contacting Phil O’Sullivan directly at 206.233.3953 or firstname.lastname@example.org