Cash or Cash Equivalent
A gift of cash is the simplest way to give. Cash gifts may be given as: (1) a one-timepayment, (2) a pledge to be fulfilled at a later date or over a specified period of time (e.g. monthly, quarterly, semi-annually and annually) or (3) a recurring (continuous) gift given at regular intervals (e.g. monthly, quarterly, semi-annually and annually) without an end date. Payment options include check or other cash equivalent, including credit/debit card charges, electronic fund transfers and physical delivery of cash.
Gifts of Marketable Securities (Stocks - Mutual Funds)
Transferring a gift of long-term appreciated stocks, those owned for more than one year, can provide significant tax advantages by allowing you to deduct the fair market value while paying no capital gain tax. Today, most stock transfers are easily made electronically from your broker account to the Relevant Radio account. Please contact Joe Draves at 1-877-291-0123 ext 7316 if you would like to know more.
How to transfer stock to Relevant Radio by electronic wire or physical transfer:
If your stock is held by a traditional or electronic broker: Ask your broker to transfer your gift to the Relevant Radio account managed by The Pohlen Group (our Morgan Stanley broker) using the following information:
If you possess stock in physical certificate form: You will need to sign a stock power for each stock certificate you transfer to Relevant Radio. If the stock certificate is registered in two names, both individuals need to sign the stock power, and the stock power must be signature guaranteed. Please contact us at 1-877-291-0123 for more details.
Mutual fund companies typically have their own guidelines for transferring their funds. Upon your direction, your mutual fund’s agent will transfer the shares to Relevant Radio.
Important: Whether you are electronically transferring stock, mailing a stock certificate or giving a mutual fund gift, please notify us. Knowledge of your gift allows us to track its progress, assign your gift correctly and provide you with an acknowledgement letter for your tax records.
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