A charitable gift of stock provides donors the benefit of tax savings while generously supporting YES! Appreciation of stock value from time of original purchase is generally taxable. But a donation of stock to YES! provides YES! with the full stock value, without any taxes being payable, and leaves you with a considerable income tax deduction, as well. The most secure and expedient method of delivery for stock shares is the electronic delivery process, which provides efficient internal control as well as cost savings. However, you also have the option of transferring certificates directly. The following instructions are provided to help you facilitate a gift of stock.
Notification of Donor Intent
No matter which method is chosen for delivery of a gift of stock, the following information is required from the donor or the transferring broker, for audit and acknowledgement purposes:
Donor’s name and complete address
Name and number of securities transferred
Broker’s name and phone number
Approximate dollar value of gift
Please e-mail this information to YES!’s Operation Manager, Joanie Smalley, at firstname.lastname@example.org or call the YES! office at (510) 922-8556.
Transfer of Stock
The following information will enable your broker to facilitate a transfer of stock:
SRI WEALTH MANAGEMENT GROUP
RBC Dain Rauscher
345 California Street – 29th Flr
San Francisco, CA 94104
Toll Free: 866-408-2667
Account Name: Youth for Environmental Sanity
Account Number: 30927856
DTC Number: 0235
Taxpayer ID: 77-0467495
If you have questions about making a stock donation to YES!, please contact YES!’s Operation Manager, Joanie Smalley, at email@example.com or call the YES! office at (510) 922-8556.