APPRECIATED SECURITIES 

A viable alternative to a cash gift is a gift of appreciated securities. If you have owned the stocks or securities for more than one year, you are entitled to a charitable income tax deduction for the fair market value of your gift to the fullest extent permitted by law. You also avoid paying capital gains tax on the appreciation of the securities. Please contact your financial advisor for further information about tax deductions and eligibility.

1. Electronic Transfer through your Broker
Securities may be transferred electronically via DTC (Depository Trust Company) from your broker to the Western Pennsylvania Conservancy account at Janney Montgomery Scott. Please instruct your broker/agent to transfer securities to:

Janney Montgomery Scott, LLC
DTC: # 0374
Account: # 8678-4303
FBO Western Pennsylvania Conservancy
Attn: Cindy Pastin
1-412-562-7935

Mailing address:
Janney Montgomery Scott, LLC
600 Grant Street, Suite 3100
Pittsburgh, PA 15219

The transfer is effective when the Western Pennsylvania Conservancy receives the securities in its account at Janney Montgomery Scott. Please instruct your broker to call the WPC Development Office immediately at 412-586-2336 for acceptance of the gift and for further instructions.

2. Delivery By Mail of Physical Stock Certificates Registered in the Donor's Name
For instructions, please contact the Development Office at the number below.

IRA ROLLOVER

Take advantage of a newly enacted federal tax law and help the Conservancy to protect water, land and life in Western Pennsylvania.

The recent Emergency Economic Stabilization Act of 2008 extended the IRA Charitable Rollover to allow individuals aged 70 ½ or older to donate tax-free gifts of up to $100,000 from their IRA accounts directly to qualified charities such as the Western Pennsylvania Conservancy.

Effective for the 2008 and 2009 tax years, this is a great option for IRA account-holders who want to make a gift to WPC from their retirement assets but have been concerned about incurring taxes.

We encourage you to consult your financial advisor and/or IRA administrator to determine if this opportunity is right for you.

 

REAL ESTATE

Depending on your situation, gifts of debt-free real estate are deductible at the full, fair market value on the day of the gift. Even better, there is no capital gains tax on the appreciation. Although an appraisal is needed to support your income tax deduction, you avoid the typical costs and delays associated with selling real estate.
Real estate that meets WPC's conservation objectives will be preserved in its natural state. Agricultural and timberland can be preserved for those uses. Other real estate, including homes, lots, and commercial property will be sold and the proceeds will benefit our conservation efforts.
 

Please Note: If you are considering a gift of land, we request that you notify us in advance so that we may discuss your intentions and ensure that your gift is handled according to your wishes. 

For more information, call 412-586-2356 or e-mail development at development@paconserve.org.