Why donate stock?
- You may deduct the fair market value of the stock (on the date the stock is donated) if the stock was owned for more than one year.
- You pay no capital gains tax on the appreciated stock.
- Other benefits may apply depending on your individual tax burden. Please consult your tax advisor.
- Tell your broker you want to make a gift of stock to Global Exchange, who will require the following information:
Tax I.D. Number 94-3066686
Name of Account: Global Exchange
DTC #: 0226
Account Number: KPA-139785
Custodian: National Financial Services or NFS
- To complete your gift, you or your broker must contact Erica Marcus at 415.255.7296 ext. 203 or erica [at] globalexchange [dot] org to provide the name of the stock and the number of shares transferred. This information is required in order to properly record and acknowledge your gift for tax purposes.