STOCK CONTRIBUTIONS

 

A gift of appreciated securities may be an ideal way for you to support Emerson School, depending on your personal circumstances.

As stock prices increase, so do the taxes you owe on the long-term capital gain at the point of sale.  However, if you choose to make a gift of appreciated securities to a qualified charitable organization like Emerson, it can be advantageous to you in two ways:

  • You will avoid paying capital gains taxes on any increase in value—taxes owed when you sell any appreciated securities.
  • You earn a federal income tax deduction based on the current fair market value of the securities, regardless of their original cost.

We suggest that you consult with your financial advisor regarding the specific tax benefits of gifting securities.

 

BROKER TRANSFER OF STOCK   

Broker will utilize the DTC System to transfer the stock:

Send to:                         LPL Financial
DTC # for SSB:                0075
Account Name:               Emerson School
Account Number:           585-5293

PHYSICAL STOCK CERTIFICATES

 

Emerson School’s Financial Consultant at LPL Financial:
 
Phillip Mekas                        (734) 327-0195