Make a Gift of Stock to Promises2Kids
Donating stock is a simple process, whether held in certificate form or at a brokerage house. Simply deliver or transfer your stock to the Promises2Kids Foundation account at Charles Schwab & Co., Inc.
A gift of appreciated stock generally offers a twofold tax advantage:
1. You receive a charitable income-tax deduction for the full fair-market value of the stock at the time of the gift.*
2. You incur no capital gains tax on the increased value of the stock.*
Your gift must be postmarked by December 31 to qualify for a deduction in that tax year. A stockbroker or trust officer also can arrange for a year-end gift of stock from your account.
Stock held in a brokerage account:
Contact Promises2Kids Foundation at (858) 278-4400 or Steve Goldstein, CFO, at Steve@Promises2Kids.org, for account information.
Shares in certificate form:
Please contact Michael Brown of Dowling & Yahnke for instructions.
Contact:
Michael S. Brown, CFA CPA
Dowling & Yahnke, LLC
(858) 509-9500 x105
mike.brown@dywealth.com
*subject to IRS deduction limits
