• Dec 16, 2020
Transferring appreciated stocks and securities to High Plains Public Radio is a good way to make a charitable gift that can benefit you in two ways. When you donate publicly traded stocks to HPPR that have been held long-term (more than one year) you may avoid capital gains taxes. Plus, you may take the full current fair market value of the security (as of the date it is transferred) as a charitable deduction on your income taxes .
The easiest way to make this kind of gift to HPPR is to have your broker electronically transfer the stock from your account to ours:
There are three ways you can use your IRA to support public radio on the High Plains, depending on your age and circumstances.
If you are 70½ years old or older and usually take a required minimum distribution from your IRA account, you can take advantage of a simple way to benefit High Plains Public Radio and receive tax benefits in return. You can give up to $100,000 from your IRA directly to a qualified charity such as HPPR without having to pay income taxes on the money. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution (QCD).