QUALIFIED CHARITABLE DISTRIBUTION (QCD) FROM AN IRA
If you are 70 ½ years or older, you can help satisfy your annual Required Minimum Distribution by having your custodian send gifts to Kinhaven directly from your retirement accounts. The IRA charitable rollover allows eligible donors to make tax-free charitable gifts directly from their IRA to qualified charities.
Please indicate you wish to make the donation to “Kinhaven Music School, Inc.” Tax ID 03-0214324.
GIVE APPRECIATED STOCKS, BONDS, OR MUTUAL FUNDS
Gifts of appreciated securities are another popular form of gift and often provide a donor with the opportunity to avoid capital gains while also providing a charitable deduction for the fair market value of the donation.
Please contact Matt Frohnhoefer, Administrative Director at (973) 378-5854 or email the Kinhaven Administrative Office at admin@kinhaven.org for more information. We recommend that you consult your professional advisor to make sure these options are right for your financial situation.
Donating Stocks and Securities
Contact Information for Transferring Securities to Kinhaven Music School, Inc.:
Kirk Kolligian, Senior Vice President
Janney Montgomery Scott, LLC
203-752-2160
Account and DTC Information:
Kinhaven Acct No. 7876-0362
Janney’s DTC # is 0374
To ensure timely receipt, please share your transfer details with us by email