Stock & Securities
Donating stock is an easy and tax-smart way to fund KNKX's mission to educate and inform the public.
Make a gift to KNKX by transferring appreciated stocks and securities instead of a traditional donation. By doing so, you may lower tax due on the capital gain and may receive an income tax deduction for the fair market value of the security.
For example, if you give stock with a fair market value of $1000 for which you paid only $100, the "cost" to you for making the gift is only $100. Plus, you may also be able to deduct the full $1000 from your income tax, thereby reducing your cost further.
To donate stocks that are held in your brokerage account, simply reach out to Emily to begin your donation.
If you physically hold your stock certificates, would like to contribute shares in a mutual fund or other appreciated security, or if you or your investment/financial advisor have any questions, please contact Emily.