Should you donate cash or stock to charity?
You can sell your stock and then donate what’s left over after you pay capital gains tax, or you can donate securities directly. But with the second option, you get a bigger deduction and the charity gets a bigger donation.
To donate stock to the Cultural Council of Palm Beach County please use the information listed below. Please follow up with an email to Mary Lewis, Director of Development email@example.com.
Please include donor name, address, phone, contact information, date of donation, and description of stock so we can properly acknowledge your gift.
Bank Name: Wells Fargo
Account #: 69091878
Account Name: Cultural Council of Palm Beach County
Tax ID #: 59-1862336
Wells Fargo contact: Barbara Marod, Senior Business Relationship Manager
Phone: (561) 366-5526
The Cultural Council of Palm Beach County is a not for profit 501(c)(3) organization. Contributions to the Council are tax deductible to the extent allowable by law. The Cultural Council of Palm Beach County believes that our donors’ confidentiality should be protected. The Council will not sell or trade a donor’s personal information to any other entity in existence without their written permission.
Registration # CH1489
A copy of the official registration and financial information may be obtained from the Division of Consumer Services by calling toll-free within the state. Registration does not imply endorsement, approval, or recommendation by the state.