Did you know that giving stock, instead of cash, as a donation to Discover Classical can benefit both you AND the station?
If the stock has increased in value from the time of purchase, you may avoid paying the capital gains tax by donating the security to the station. When the security is being donated to a charitable organization, the total amount will still be eligible for a tax deduction.
This information is no substitute for professional financial advice, and you are advised to contact your financial advisor.
If you have questions, please contact Shaun Yu at ShaunY@dpr.org or call (937) 222-9377.