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 Contact: 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 Rickey.Franklin@frostbank.com | www.frostbank.com
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 email@example.com.
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