A gift of stock or mutual funds is often a great way to meet your charitable giving goals as well as provide you favorable tax benefits. Consult with your financial advisor about the possibilities. Here are some things you may want to consider:
- Donating appreciated shares allow you to receive a full tax deduction for the fair market value of your gift and avoid capital gains taxes on the profit.
- When donating depreciated stock, by selling the stock prior to making the charitable donation, you are able to take a loss deduction as well as claim a charitable deduction.
- Making a gift through stock or mutual funds is easy!
If you would like to make a gift of appreciated securities, contact your stock broker. Please include donor name on your stock transfer. You will need to provide your broker with the following information:
UBS Financial Services
925 4th Ave, Suite 2500
Seattle, WA 98104
(Please note the I’s and 1’s)
louise.mcmahon [at] ubs [dot] com
Please remind your broker to include your name and contact information. Contact Meaghan Robbins, Director of Development & Operations, with the type of stock and number of shares so that she can help expedite the processing of your gift. Meaghan can be reached at 206-447-1880 x110, or by email at meaghan [at] sightline [dot] org.