Using appreciated stock or mutual funds is a tax-wise way to fund your gift to KPFK. Gifts of appreciated securities held longer than one year are exempt from capital gains taxes and for outright gifts entitle the donor to a tax deduction equal to the fair market value of the securities at the time of transfer.
To avoid exposure to capital gain tax, the stock must be transferred to KPFK. We then sell the stock from our account.
Once the transfer is complete, KPFK sells the stock and puts the proceeds to use supporting the programs and services you value and gives you the benefits of membership.
We encourage you to talk to your tax or financial advisor to better understand the implications of such a gift on your individual tax situation.
How to Make a Stock Gift to KPFK
You can make your gift one of two ways:
IMPORTANT: Gifts of mutual fund shares may require special processing through your broker or mutual fund issuer and may take longer than a stock transfer. Contact us if you wish to donate mutual fund shares. Also, please notify us of the details of your gift to ensure we can process it properly and provide a proper receipt for your generous contribution. Contact the following with the details of your gift and for KPFK's account information and instructions for your broker:
Anyel Z. Fields, General Manager at (818) 985-2711 or Anyel@KPFK.org
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Gipsy Kings "Generation Tour" Live At The Oxnard Performing Arts Center Thursday May 16, 2024 Featuring Tonino Baliardo
at Oxnard Performing Arts CenterMulticultural Fair Friday May 17, 2024 4-8pm Presented by YWCA-SGV’s Racial & Social Justice Taskforce.
at YWCA SGV HeadquartersNigeria's Most Wanted Tour: Shallipopi & ODUMODUBLVCK Saturday May 18, 2024 Live At The Wiltern 8pm (doors open at 7pm)
at Wiltern TheatreDisney’s The Lion King 30th Anniversary – A Live-to-Film Concert Event Friday May 24th and Saturday May 25th 2024 Live at the Hollywood Bowl 8pm (both nights)...
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