One of the biggest tax advantages in charitable giving continues to be the double benefit donors get when donating appreciated assets to Illinois Institute of Technology instead of cash. By giving appreciated assets (like stocks held for more than one year), you'll get a charitable tax deduction for the full value of the asset and avoid any capital gains tax that would have applied if you had sold the stock and made your gift in cash.
Illinois Institute of Technology's Broker:
500 Grant Street, Suite 0475
Pittsburgh, PA 15258
Contact: Jorja Watts
Phone: 412.234.0439
Email: jorja.watts@bnymellon.com
DTC: 0443 Pershing LLC
Account number: N7M100228
Account name: Illinois Institute of Technology
It is important to notify Advancement of the specifics of this transaction (stock name, share quantity, gift designation) so we can credit your gift appropriately. Please contact us at 312.567.5028 or plannedgiving@iit.edu.