Donate with Stocks or Appreciated Securities

Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to Hospice SLO County.

BENEFITS OF GIFTS OF STOCKS AND BONDS

• You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer (even if you originally paid much less for them).
• You pay no capital gains tax on the transfer when the stock is sold.
• Giving appreciated stock can be more beneficial than giving cash. The cost of your gift is often less than the deduction you gain by making it.

HOW TO MAKE A GIFT OF STOCKS AND BONDS

By Electronic Transfer:

Please contact us and let us know you are transferring stock. Many times a name is not associated with the transfer and we do not know who made the donation and are unable to acknowledge the gift.

Receiving Institution Account Number: #3223-5593
Account Registration: Hospice of San Luis Obispo County, Inc.
Contact Name: Rose Castaneda, Account Services, 805-541-1308
Brokerage Firm: Charles Schwab & Company, Inc.
Receiving Institution DTC: #0164

By Certified Mail:

If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.

CONTACT US

If you have any questions about gifts of stocks and bonds, please contact us.  We would be happy to assist you and answer any questions you have.