You may be able to have a greater impact by making your gift with appreciated stock and securities, including stock, bonds, and mutual funds, directly to Cunningham Children’s Home. Compared with donating cash, stock given directly to Cunningham may increase your gift and will have a tax benefit for you. By giving directly to Cunningham, you can take an immediate income tax deduction in the amount of the full fair market value if you itemize your deductions. It’s a win-win!
What you need
Information you will need when instructing your financial advisor to make a securities gift to Cunningham:
- Cunningham Children’s Home is a 501c3 not-for-profit organization
- Cunningham Children’s Home FEIN # is 37 066 2521
Depository Eligible Items:
- DTC# 0725
- Cunningham Children’s Home Account Number: 20892231
- Clearing Firm Name: Osterbur Patel Wealth Management of Raymond James
- Clearing Firm Contact: Abbie Osterbur, Vice-President (217) 866-9165
Contact at Cunningham
Tim Manard, Development Officer
Thank you for helping the more than 977 youth and families we serve at Cunningham!