Your broker can assist you in making a gift of stock via a direct transfer to I Matter Too® Corporation. Giving a gift of publicly traded stock that has increased in value and that you have owned for more than one year may provide greater tax benefits than giving cash. Your charitable income tax deduction is equal to the fair market value of the stock and you avoid paying the capital gains tax on any increase in the current value over the original cost of the stock. You may also save by not incurring brokerage fees because you are transferring ownership rather than selling the stock.
If you would like to make an investment in a child’s education by donating stock, please note the following:
Brokerage House: Smith Barney
Account Name: I Matter Too® Corporation
Account Number: 21J-32486
Financial Advisor: Robert deMuth
Telephone number: 800.837.5833
DTC Number: 0418
I Matter Too® Corporation is registered in the state of Florida as a nonprofit corporation. I Matter Too®Corporation is a public charity exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code.