By giving appreciated property like stocks or bonds, you can avoid paying capital gains taxes on the appreciation, receive a tax deduction for the full value of the gifts and support PBO at a lower cost to you. Please check with your tax advisor to determine the full deductibility of your donation.
When PBO receives a stock gift, our policy is to sell the stock as soon as possible after the receipt of the gift. If you wish to donate stock, please use the following procedure:
- Notify your broker that you are making a charitable gift to Philharmonia Baroque Orchestra (PBO).
- Instruct your broker to transfer the stock into PBO’s account at Charles Schwab:
Charles Schwab & Co, Inc.
Account Number: 7078-1381
- After you have completed the stock transfer, please contact CJ Ru at firstname.lastname@example.org or (415) 252-1288 ext 311 and let her know the arrangements that you have made. This is important because your broker may not include your name in the transfer and we may not know who the stock is from. Notifying us enables us to track the transfer of the stock and acknowledge your gift promptly.