Support Key to Change
Your tax-deductible donation will help us accomplish our mission to:
Access to Competitive Music Instruction
Invest in Our Youth
Other Ways to Give
Contributions of stock provide valuable support to Key to Change and can also provide significant tax benefits to the donor. The value of your transfer of stock is calculated as the average between the high and low quotes on the day your stocks leave your control. For example, on July 1, when you mail a stock certificate for one hundred shares to Key to Change (or the day your broker transfers the stock into the Key to Change investment account), the high is $24 and the low is $20. At the average price of $22 per share, your gift is worth $2,200.
If you have owned your stock for at least one year (appreciated stock), you will receive a tax deduction for the full value of its appreciated value at the time of your donation. A transfer of appreciated stock avoids paying capital gains tax and you do not pay commissions for selling the stock. (Brokerage fees are paid out of your donation, however.) These advantages make it possible to give larger gifts than if you give only donations of cash.
The Key to Change
P.O. Box 16787
Seattle, WA 98116