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Stock or mutual funds that have been held longer than one year and have appreciated in value may be donated to WETA to benefit the PBS NewsHour and may provide you with tax savings. When you give appreciated stock or securities, you avoid paying capital-gains tax on the increased value of your asset. You may also be entitled to a charitable tax deduction for the full fair market value of your stock. When considering gifts of stock, we
recommend you consult with your financial adviser.
When providing instructions to your broker, please be sure to have the stock transfer clearly designate the donation to the Greater Washington Educational Telecommunications Association, Inc. (WETA). Our Federal Tax Identification Number is 53-0242992. Prior to completing your stock transfer, please contact Debbie Eliason, email@example.com or (703) 998-1834 so that we can appropriately credit your gift to the NewsHour.
Your broker will need the following information to complete the transfer/donation:
For wire transfers, WETA maintains a business checking account with Bank of
America Merrill Lynch. Prior to wire transfer please contact Debbie Eliason,
firstname.lastname@example.org or (703) 998-1834 so that we can appropriately credit your gift to the
Should you wish to include PBS NewsHour in your Will or Trust, the following language may assist you and your attorney in preparing your bequest:
“I give (insert dollar amount or percentage of estate) to the Greater Washington Educational Telecommunications Association, Inc. (WETA), located at 3939 Campbell Avenue, Arlington, VA 22206, to be designated to PBS NewsHour. If, at the time of this gift, due to a change in circumstances, PBS NewsHour is no longer in production by WETA, the WETA Board of Trustees may designate such other use, which, in their opinion, most closely fits my original intent.”
WETA is a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code. WETA’s Federal tax identification number is 53-0242992.
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