As you make your year-end philanthropic decisions, please consider donating long-term appreciated securities directly to Gladwyne Montessori, rather than selling the assets and donating the cash proceeds.
Gifts of stock represent a two-fold savings opportunity. Donors avoid paying capital gains taxes on the increased values of their stocks. In addition, donors receive an income tax deduction for the full market value of the stock on the date of the gift. Gifts of appreciated securities are often beneficial, as you are able to receive credit for appreciated value yet avoid paying capital gains tax.
For instructions on transferring stock to Gladwyne Montessori please call Sonja Shivpuri, Development Associate, at 610-649-1761 x 124.
Direct transfers of securities to our brokerage account are encouraged and often provide significant tax advantages.
To donate a gift of securities, please contact Sonja Shivpuri, Development Associate, at 610-649-1761 ext. 124 or sshivpuri@gladwyne.org to notify us of your intent to transfer.
Stock Transfer Information:
Janney Montgomery Scott
Broker - Anthony Snaith, 610-254-1101
Account Name: Gladwyne Montessori School
DTC #: 0374
Account Number: 5984 7546
EIN: 23-1628684