When you give appreciated assets, you avoid paying capital-gains tax on the increased value of your stock. You may also be entitled to a charitable deduction based on the stock’s current value. Contributing stock is a great way to support Adult & Teen Challenge of Texas.
When considering gifts of stock, we recommend you consult with your financial advisor.
Your broker will need the following information:
FROST BROKERAGE SERVICES
Rickey F. Franklin
Centralized Associate Advisor | Frost Brokerage Services, Inc.
Frost – Banking, Investments, Insurance
100 West Houston Street, San Antonio, TX 78205
Office: (210) 220-6646 | 800-292-1292| Fax: (210) 220-4760
DTC ROUTING INSTRUCTIONS
National Financial Services
DTC Number: 0226
Account Number: 037-290216
Account Name: Adult & Teen Challenge of Texas
Federal Tax ID: 74-1816616
It is important to notify Adult & Teen Challenge when you have completed your request to your broker. Please alert Adult & Teen Challenge directly of your pending stock donation (including the company and number of shares) so that we can credit your gift in a timely and accurate manner. To ensure proper gift identification, please call Sarah Baughman at 210-624-2075 or send an email to firstname.lastname@example.org.