Using shares of appreciated stock to make your contribution can be a tax-smart way to give.
When you transfer shares, you are entitled to claim the full fair market value as a charitable gift (up to 30% of your AGI) if you have owned the stock for more than one year. In addition, by transferring directly (rather than selling the stock and making a cash gift), you avoid paying long-term capital gains tax on the increased value.
To donate shares to Sustainable Conservation:
- Request that your broker transfer shares to:
Charles Schwab, DTC # 0164 – Sustainable Conservation account #7179-9252.
- Advise your broker to add your name to the transaction confirmation.
- To ensure that your gift is properly credited to you, please contact Jan Merryweather, firstname.lastname@example.org, or at 650-464-8203, to advise of the stock type and amount.