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Giving stock is a great way to support Twin Cities Public Television! A gift of stock held more than 12 months offers two-fold tax savings.

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 tpt membership, with benefit levels corresponding to the amount of the gift.

How to give stock to tpt

Stockbrokers require delivery instructions in writing. To make a stock gift to tpt, you will need to give the following information to your broker:

  • Firm: UBS Financial Services Inc.
  • Primary Contact: Michael Block, (612) 303-5842, michael.b.block@ubs.com
  • Twin Cities Public Television, Account number: 7A30673
  • DTC number: 0221

In addition to your broker, please contact tpt's Abbey Sepich, Development Assistant, at (651) 229-1548 or asepich@tpt.org. When you contact us, please provide your name, name of the stock you are donating and the number of shares. Twin Cities Public Television will then promptly thank you for your generous gift as well as give you documentation for your tax deduction.

If you are transferring a Mutual Fund Asset, please contact Abbey Sepich, Development Assistant, at (651) 229-1548 or email her at asepich@tpt.org prior to initiating the transaction. Mutual Fund Assets require special handling.

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