Gifts of Stock
Gifts of Stock or securities are an excellent way to support WFIU or WTIU. A gift of appreciated securities that you have held for more than one year is frequently the most economical way to make a gift. A gift of stock can generate favorable tax benefits—you may avoid paying capital gains tax on the increase in value of the stock, you may qualify for an income tax deduction for the full fair-market value of the stock at the time of the gift, and your gift may qualify for an Indiana state tax credit if you are an Indiana resident.
Other ways to use stock gifts:
Membership. You may use a gift of stock to fund your annual membership for WFIU or WTIU, with benefit levels corresponding to the amount of the gift.
Legacy Gifts. You can use stock to fund a life-income vehicle, such as a charitable gift annuity or a charitable remainder trust. Each choice has distinct advantages that we will be happy to discuss.
How to make a stock transfer: The most common and efficient method of giving securities is an electronic transfer. (It is critical that you transfer the securities themselves, rather than the proceeds from a sale to take advantage of the charitable tax benefits.) The preferred method of transfer is directly from your brokerage to the IU Foundation:
- Broker Transfer: The IU Foundation has accounts with most major firms and major regional companies and will work with your personal broker. Notify your broker of your intentions and ask him/her to call to work out the details with the IU Foundation by calling (812) 855-8311. We encourage you to notify the station so we may confirm and promptly acknowledge your intentions. Thank you.
Gifts of Cash
Gifts of Cash are the most common form of contribution. A gift of cash is easy to do, and the gift is not subject to gift or estate taxation. Pledges provide you an opportunity to make a larger gift than you otherwise thought possible by committing your gift over a period of three to five years. Ideally, your pledge should be documented in writing.
Your gift of cash may qualify as a tax credit on your Indiana State Tax Return. Learn more about tax benefits>>
Want to direct a cash gift to a specific fund? Learn more about our endowed funds.
The information on this website is not intended as legal or tax advice. For legal or tax advice, please consult an attorney.