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An easy way to support Yaxche is through a transfer of stock. Tax benefits to donors of appreciated stock are substantial: You may claim a deduction equal to the full market value of the stock while avoiding any tax on capital gains. Stock transfers couldn't be easierand the shared benefits are great! |
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Here's what you will need to do: |
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1. Decide which stock you would like to donate and advise your broker to effect a stock transfer for a specific value, rounded up to the nearest share. |
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2. Provide your broker with these two numbers: |
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Clearing through Pershing: DTC # 0443 |
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Yaxche School Account # 4N2-201693 |
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Broker Dealer: |
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Financial Network Investment Corporation |
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One Pershing Plaza, Jersey City, NJ 07399 |
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3. Please call Jean Scheid at (505) 751-4419 to inform us about your forthcoming gift of stock. |
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4. Ask your broker to alert our broker, William Knight, Knight Financial Ltd., at 505-751-3388 or by email: billy@newmex.com, of the incoming gift of stock. |
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That's all there is to it! Your generous gift will be gratefully acknowledged upon receipt of the stock transfer, and the stock will be sold to benefit the school. |
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