Contributing a Gift of Stock
A gift of stock could have a greater tax benefit to you than a gift of cash. Stock gifts are tax deductible at the market value on the day of the gift. If the stock is given directly to the Portland Museum of Art, any appreciation during the term that you held the stock is not subject to capital gains tax.
We would be pleased to help you make a gift of stock to the Portland Museum of Art. Our staff will work with you or your brokerage firm to make the necessary arrangements.
Delivery Instructions for Gift s of Stock to the PMA:
Step 1: Please notify the PMA’s Development Office that you will be making a gift: Will Cary, Director of Individual Giving and Membership, (207) 775-6148, ext. 3258 or firstname.lastname@example.org.
Step 2: Contact your financial advisor to arrange for transfer of stock to PMA.
Step 3. Please have your financial advisor use the following delivery instructions when transferring your stock gift. A formal acknowledgement will be sent to you from the PMA.
UBS Paine Webber: DTC# 0221
PMA Account#: MH41686