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IRA Charitable Rollovers and Stock Giving

Donating to New England Public Media through IRAs and stocks are great ways to support NEPM while also saving money on taxes. Learn more about these special ways to support NEPM.

IRA Charitable Rollovers

If you are age 70 ½ or older, a popular, tax-smart option for giving is a qualified charitable distribution (QCD) from your Individual Retirement Account (IRA). To take advantage of this special opportunity, contact your IRA administrator today or use the handy QCD tool provided by GivingDocs.

Here’s how it works:

  • You must be 70 ½ or older and eligible to take your Required Minimum Distribution (RMD).
  • Your total combined charitable IRA rollover contribution cannot exceed $100,000 in any one year. ($200,000 exclusions may apply for tax payers who are married and filing a joint return).
  • Charitable contributions from an IRA must go directly to a qualified public charity. Contributions to donor-advised funds and private foundations do not qualify for tax-free IRA rollover contributions.
  • Distributions can only be made from traditional Individual Retirement Accounts or Roth IRAs. Charitable donations from 403(b) plans, 401(k) plans, pension plans, and other retirement plans are ineligible for the tax-free treatment.
  • Distribution must be made directly from the IRA trustee payable to NEPM.
  • In order to qualify for tax-free treatment, you cannot receive any goods or services in return for your charitable IRA rollover gift.
  • You must receive an acknowledgement from NEPM for a rollover-qualified gift.

Benefits to you:

  • You can use an overlooked asset to make a gift to NEPM.
  • The IRA Charitable Rollover permits you to make a charitable gift directly to charitable organizations such as NEPM from your IRA — which means you can enjoy tax savings while supporting our mission to educate, inspire and entertain.
  • You don’t recognize the distribution as income for federal income tax purposes.
  • The distribution counts towards your Required Minimum Distribution (RMD) for the year.

Make an IRA Gift to NEPM

You can make your IRA donation fast and convenient by using the handy QCD tool provided by GivingDocs.

If you are speaking with your plan administrator and would like to make a qualified IRA gift to NEPM, please share with them that our correct legal name is: New England Public Media and our Tax Identification number is: 04-6130523.  Our Official Address is 44 Hampden Street, Springfield, MA 01103.

Please have your plan administrator send checks to our mailing address:
New England Public Media, 44 Hampden Street Springfield, MA 01103

We recommend that you seek advice from your accountant or financial planner prior to making a charitable rollover as personal circumstances can have a significant impact on whether charitable rollovers are advantageous. In order to benefit from a 2017-eligible IRA contribution, please contact your IRA administrator as soon as possible as some administrators may place a deadline on requesting transfers.

Contact Us
For more information about making a Charitable IRA Rollover gift to NEPM, please contact us at membership@nepm.org or 413-781-2801.

Stock Giving to NEPM

Giving stock to NEPM is a great way to save on your taxes. When you donate your stock’s appreciated assets, you avoid paying capital gains tax. If you itemize deductions, you can also take a charitable deduction for the entire donation amount.

To make a gift of stock now, provide your broker with the following instructions:

Legal Name/Account Name: New England Public Media 

Tax Identification Number: 04-6130523. 

Legal Address: 44 Hampden Street, Springfield, MA 01103

DTC: 0164, Code 40
Account Number: 4602-4876

NEPM’s Broker:  St. Germain Investment Management, 1500 Main Street, Springfield, MA 01115

Charles Schwab & Co, Inc., P.O. Box 982600, El Paso, TX 79998-2600

(If mailing stock please contact NEPM for specific instructions required.)

Mutual funds (held longer than 12 months) are also deductible at full fair market value. This is also true for gifts of closely held stock. Mutual funds and closely held stock can be donated to NEPM using the above transfer instructions.

Please contact us at membership@nepm.org or 413-781-2801 to notify NEPM of transfer details for prompt gift service and tax acknowledgement letter.