Gifts of Stock

March 13, 2013

Gifts of Stock

Your gift of stock will make an impact for kids in foster care and it can offer two ways to save on your taxes. As long as you have owned the stock for more than one year, you can generally receive an income tax charitable deduction for the full fair market value of the stock at the time of the gift (up to 30% of your adjusted gross income), and you avoid paying any capital gains tax on the increase. Giving securities frees up cash and can help diversify investments.

When you itemize your tax deductions, charitable gifts may be used to eliminate federal income tax on up to half of your adjusted gross income. The higher your tax rate, the more your gifts will save you. Any unused deductions may be carried over in as many as five future years.

How to Make a Gift of Stock

Making a gift of stock to Treehouse is easy! Before you transfer stock, please contact our Development team at jessica@treehouseforkids.org or 206.267.5116 and let us know about your planned stock transfer.

This information is essential to correctly processing your gift. If we receive an unidentified stock transfer, the stock may be refused and returned to the originating broker.

  • Your name
  • Name of stock and approximate number of shares
  • Estimated date of transfer
  • Your broker’s name, company and telephone number

Please provide the following information to your broker:
Broker: BNY Mellon
D.T.C. Participant #: 8275 / Mellon
Bank Agent#60916
Ref: Treehouse Sub Account / 10380276630
Broker Name: Chad Johnsrud, 206.664.8815


 

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