Gifts of appreciated stocks or property are particularly advantageous from a tax point of view, especially if you own appreciated stocks on which you would have to pay long-term capital gains tax. Because each tax situation is different, please consult your tax adviser about making a gift of stock.
If you have decided to give stock, the process is very simple: Ask your broker to electronically transfer the gifted securities directly to the Hartford Symphony Orchestra’s Account:
Advest Investment Group
Wells Fargo Advisors Financial Network
1650 West St.
Southington, Ct 06489
HSO Account # 3304 7272
Our Tax ID Number is 06-0637319
Hartford Symphony Orchestra
166 Capitol Avenue
Hartford, CT 06106
Important: You or your broker must notify the HSO Development team in advance of the transfer, providing us with the stock name, number of shares and the donor name. Often, that information is omitted when the shares are transferred, and we want to be able to properly credit the donor with the gift.
Deb Shulansky Assistant Manager, Donor Engagement, at 860-760-7302 or Ruth Sovronsky, Director of Development, at 860-760-7321.