Disclaimer:
Mother Jones has recently merged with The Center for Investigative Reporting/Reveal. As we work on this transition, you might hear from fundraising staff from either organization. Thank you for your patience as we build a unified and strong nonprofit newsroom.
A gift of appreciated stock generally offers a twofold tax advantage:
- You avoid paying capital gains tax on the increased value of the stock.
- You get an income-tax deduction for the full fair-market value of the stock at the time the gift is received.
If you have owned stock for a “long term” period (more than a year), you qualify for these significant tax advantages.
It’s easy to make a gift of stock to the Center for Investigative Reporting. Simply ask your broker to encode the transfer of shares using the following information:*
Merrill Lynch
Foundation for National Progress, dba Mother Jones
Tax ID: 94-2282759
Account #: 6CL02506
DTC Clearing 8862
To ensure that you are properly credited and acknowledged for your gift, please have your broker contact Sydney Sims at ssims@cir.org or (415) 321-1754 with notification that the transfer is taking place.
*We are in the process of having our merged organization’s name officially changed under the IRS to the Center for Investigative Reporting. Although the name associated with our Tax ID# currently appears as “Foundation for National Progress” rest assured that your gift will be funding the work of the Center for Investigative Reporting (CIR’s former tax ID# is no longer active). Please accept our apologies for any confusion or inconvenience this might cause and thank you for your understanding.
