Making a Gift of Stock or
Mutual Fund Shares

 

Making a gift of appreciated stock or mutual fund shares that you’ve held for more than a year can be one of the best ways to maximize your federal and state tax benefits from your gift, especially if your deductions are substantial enough to benefit from itemizing,

  • you avoid capital gains taxes

  • you can deduct the current market value of your shares.

And, we also benefit from receiving a gift from you based on what it’s worth today, not what you paid for it.

You have just two simple forms below that should take less than 10 minutes to fill out:

Form #1: one for us to let us know about your gift

Form #2: one to give your broker the information needed to donate your gift


Form #1: Tell us about your gift of stock or mutual fund shares

 
 

This form notifies us of your gift of stock or mutual fund shares that will be transferred to us and allows us to confirm your donation. We will use this information to send a receipt to your email once we receive your stock or mutual fund shares from your broker.

Note: The gift of stock or mutual fund shares that you donate should be shares that have accumulated significant long term capital gains. (*Required)

 
 
 
 

Form #2: Sample Letter of instruction to your broker authorizing transfer of stock to us

Dear <broker contact name>:

I would like to make a charitable donation of stock to the following 501(c)3 nonprofit organization:

Doris Dillon School in Cambodia

EIN: 47-1509301

Please complete this transaction before/on <date>.

I would like to making the following donation of stock:

  • Stock company’s name: <company name>

  • Ticker symbol: <ticker symbol>

  • Current estimated value per share on <date>: <average price as of today’s date>

The approximate total value of my donation is <insert dollar amount (average price value X # of shares>.

The following is information regarding the transfer of this stock to the Fidelity account held by the 501(c)3 nonprofit organization Doris Dillon School in Cambodia:

(Note: Please email or call Jim or Marcela first if you wish to donate. They will complete the rest of this form letter and submit it to your borker. They will work with your broker to facilitate transfer of your donation to the Doris Dillon School in Cambodia account with Fidelity.)

Doris Dillon School in Cambodia contact: Jim DeLong, President. dorisdillonschool@gmail.com. 408 268-3937.

Fidelity brokerage contact: Marcela Gonzalez, marcelagonzalez.team@fidelity.com. 408-354-4189 Ext. 79863.

Thank you for your help.

Sincerely,