We welcome your donation of stock in a publicly traded company. You will typically receive a tax advantage by donating long-term appreciated stock directly to us rather than selling it and donating the proceeds of the sale. Why?
- You may be able to claim a charitable deduction for the full market value of donated stock.
- You may be able to avoid paying capital gains tax on its appreciation.
- Please consult your tax professional for advice.
Please email us at firstname.lastname@example.org your intention to donate stock so we may identify and acknowledge your gift when it is received by our brokerage firm.
To contribute publicly traded stock to us, contact your broker to initiate a transfer into our account. Your broker will need the following information.
RECEIVING BROKERAGE FIRM
Charles Schwab & Co., Inc.
IS Document Control
PO Box 982600
El Paso, TX 79998-2600
Schwab Tax ID Number: 94-1737782
Schwab Clearing Number: 0164
George Peabody Elementary PTA Account Number: 3911-4463
If you hold the physical stock certificate, please contact us for mailing instructions.