Friday, 20 December 2013 21:00

Stock Gifts

Giving stock is a great way to support WNED|WBFO! Using appreciated stock or mutual funds is a tax-wise way to fund your gift to public broadcasting.

First, you avoid paying capital-gains tax on the increase in value of your stock. Second, you receive a tax deduction for the full fair market value of the stock on the date of the gift. Subtracting the tax savings from what you originally paid for the stock can result in a gift that costs just pennies on the dollar. This is an excellent vehicle for stock that has appreciated substantially in value.

Your gift of stock also brings with it WNED|WBFO membership, with benefit levels corresponding to the amount of the gift.

How to give stock
To avoid exposure to capital gains tax, the stock must be transferred to WNED|WBFO. We then sell the stock from our account. Stockbrokers require delivery instructions in writing. To make a stock gift to WNED|WBFO, contact Colleen Miller, Director of Major and Planned Giving, (716) 845-7031 or  This email address is being protected from spambots. You need JavaScript enabled to view it. . When you contact us, please provide your name, name of the stock you are donating, the number of shares, and the station(s) you wish to support. 

Mutual Funds
If you are transferring a Mutual Fund Asset, please contact Colleen Miller, Director of Major and Planned Giving, (716) 845-7031 or This email address is being protected from spambots. You need JavaScript enabled to view it.  prior to initiating the transaction. Mutual Fund Assets require special handling.

Legacy Gifts
Stock and mutual funds may also be used to fund charitable gift annuities and charitable remainder trusts. Please complete our Legacy Society Request for Information.

Published in Membership
Thursday, 19 December 2013 16:29

Donors guide to vehicle donation

Published in Major Gifts
Thursday, 19 December 2013 15:24

Extra

Extra copy here.

Published in Membership
Thursday, 19 December 2013 15:10

Renew

WNED|WBFO's audience remains our largest and most important source of funding.

When you make your donation, consider becoming a WNED ǀ WBFO Monthly Giver. It takes little effort, and your dollars will go a long way to support the programming you love.

Each station has its own membership, so if you enjoy more than one of our stations, please consider supporting each of them.

To renew your membership,select your favorite station(s) below:

 

Published in Membership
Wednesday, 18 December 2013 16:03

Vehicle Donation

Thinking about selling your car, boat, motorcycle, truck or other vehicle?  Donate it to WNED|WBFO instead.  Select which station you would like to support, call the toll free number or click to fill out the web form and the rest is taken care of, including pick-up, at no cost to you.  Once your vehicle has been sold, you'll be sent a receipt for your tax records, and the sale proceeds will be donated to the station of your choice.

  

       Call 1-866-789-8627 or click here to submit form.

                   

                          Call 1-866-789-8627 or click here to submit form.

 

                          Call 1-855-444-9633 or click here to submit form.  Canadian cars accepted.

 

  Frequently Asked Questions

What type of vehicles do you accept as donations?  We accept most cars, trucks, vans, fleet vehicles, trailers, boats, motorcycles, and RV's. If you have any questions about what you can donate, please call the  toll-free number.

Is my car donation tax deductible? Vehicles donated will benefit whichever station you select, all which are nonprofit classified with the IRS as a 501(c)(3) charitable organization and are tax deductible. For more information, you can check out A Donor's Guide to Vehicle Donations(pdf).

What paperwork will I need for the DMV? You will need to sign a release of liability and donation confirmation. Our driver will provide you with all the necessary paperwork. Once you sign the release of liability, you have five days to mail it to the DMV. Our driver will provide you with the address.

What if I lost the title (pink slip)? As long as you are the legal titleholder, our driver can pick up the vehicle and have you sign a duplicate title, which he will provide.

What happens to the vehicles? The vehicles are sold at private auction. The proceeds are used to help support the station you select. Funds from vehicle donations help acquire and produce quality educational and entertainment programs and support our outreach efforts in the community.

Is my contribution still deductible under the new tax laws? Yes, under the new tax law effective in 2005, people who donate vehicles to charities can claim the actual amount for which the vehicle sells at auction. Previously, donors could claim the fair market value of the donated vehicle, regardless of how much money the vehicle sold for.

Do I get a receipt for my donation which shows how much money my car raised for WNED|WBFO?  Yes, you will be mailed a receipt that shows the amount your donated vechile brought in at auction.  You should expect to have your recpeit of sale about four-eight weeks after you donate your vehicle.

 

For more information please contact:

Colleen Miller, Director of Major and Planned Giving Programs
716-845-7031
This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

 

 

 

 

 

Published in Major Gifts