STOCK / BOND DONATIONS

Your stock donation could go further than cash

You may be able to make your charitable dollars go further by donating appreciated securities, such as publicly traded stock, bonds or mutual fund shares to Cincinnati Therapeutic Riding and Horsemanship.

There may be tax benefits when gifting appreciated stock

Appreciated securities are investments that have increased in value from the time they were purchased. Some individuals and households may be able to take advantage of IRS tax provisions to claim a charitable tax deduction for the full, fair market value of the securities, and you may avoid paying capital gains tax on the transfer.

Seek advice on tax considerations

A gift of stock made before December 31 of a calendar year may reduce your tax burden for the year you give. Your financial advisor can explain the possible tax benefits depending on whether the stock has appreciated or lost value since the time you acquired it.

DTC Instructions for Gifting stock to Cincinnati Therapeutic Riding and Horsemanship

Contact: 
Sarah A. McManus
Director, Development
Cincinnati Therapeutic Riding and Horsemanship
sarah.mcmanus@ctrhequinetherapy.org

Financial Institution: 
Peter S. Hiltz, AAMS Partner, Wealth Manager
Kingsview Partners
(513) 401-8513
philtz@kingsview.com

Account Details:
DTC Clearing: 0164, Code 40
Account Number: 2989-8983
Account Title: Cincinnati Therapeutic Riding and Horsemanship Short Term Cash Account
Clearing House: Charles Schwab & Co.

To ensure Cincinnati Therapeutic Riding and Horsemanship can identify and acknowledge your gift appropriately, especially for tax purposes, please notify us in advance of the transfer by completing the form below or download the printable stock/bond form and return to:
Sarah A. McManus, Director, Development
Cincinnati Therapeutic Riding and Horsemanship
1342 US Hwy 50, Milford, OH 45150
sarah.mcmanus@ctrhequinetherapy.org

 

Did you know?
The Coronavirus Aid, Relief and Economic Security (CARES) Act will let taxpayers deduct up to $300 in charitable donations from their taxable income. The rule will apply only to charitable contributions made in 2020 and 2021. Taxpayers will be able to claim the deductions on their tax forms next year. CARES also creates a new above-the-line deduction for charitable contributions of up to $300. The law lifts the existing cap on annual contributions for those who itemize, raising it from 60 percent of adjusted gross income to 100 percent.