The Council accepts gifts of appreciated stock, which we sell immediately in order to support our work. You can avoid capital gains tax and are entitled to a full fair market value charitable tax deduction.
In accordance with IRS regulations, you will receive an acknowledgement for tax purposes listing the number of shares donated and the value of the stock as of the date the shares are received in our account.
Stock donations may offer significant tax benefits to the donor. We recommend that you consult a tax professional for specific advice about your situation.
Please Let Us Know
Please contact the office at (415) 561-2595 or email@example.com to let us know you plan to make a stock gift so that we can be sure your gift has been received by our broker.
Sample language and Transfer Information for Stock Gifts
This letter will serve as my authorization to make a charitable donation of stock to the Bay Area Ridge Trail Council, a 501(c)(3) charitable organization, located at 1007 General Kennedy Avenue, Suite 3, San Francisco, CA 94129. Their Tax ID number is 94-3148503.
Please transfer (number of shares) of (name of stock) from (account name and account number).
The shares should be transferred directly to the Bay Area Ridge Trail Council as follows:
RBC Wealth Management
345 California Street, Suite 2900
San Francisco, CA 94014
For benefit of account number 308-95057
RBC's DTC number is 0235
Broker: Dustin Brown, 415.445.6350
Client associate: Polly Richardson, 415.445.6367 or firstname.lastname@example.org