Donating appreciated stock can offer a wealth of benefits

Gifts of appreciated stock are a smart and simple way to support the Kennett Library or the Capital Campaign. These gifts allow you to give more with less because you may be able to both take an income tax deduction and avoid capital gains taxes.

For more information, please reach out to Mary Hutchins by calling (302) 547-2089 or email mary@kennettlibrary.org

Below is the information you will want to give your broker to initiate the transfer.

  • Name and address of the organization: Kennett Library; 216 E. State Street; Kennett Square, PA. 19348

  • EIN#: 23-1547585

  • Name of organization contact, telephone number, and email:
    Kennett Library; Mary Hutchins Development Associate: 302-547-2089; mary@kennettlibrary.org

  • Broker: Charles Schwab & Co.

  • DTC # 0164

  • Code: 40

  • A/C#: 1215-3592

  • Account Name: Kennett Library

  • Contact name and telephone number:
    Charles O. Posnecker IV, CFA, CFP®, CTFA
    Cypress Capital Management
    3801 Kennett Pike Suite C200A
    Greenville, DE 19807
    Phone (302) 888-7436
    Fax (302) 429-8446