Donating stock is one of the most tax-smart ways to give. First, you potentially eliminate the capital gains tax you would incur if you sold the assets yourself and donated the proceeds. Second, you may claim a fair market value charitable deduction for the tax year in which the gift is made.
If you wish to make a stock gift to 1000 Friends of Oregon here is the information you will need:
- Broker Name: Fidelity Investments
- Account Name: 1000 Friends of Oregon
- Account Number: Z 40054449
- DTC: 0226
As a courtesy, please be sure to notify us in advance, as it is the best way to ensure accurate tracking of your stock donation.
If you have any questions, please contact our operations manager, Lou Ocampo, at lou@friends.org or (971) 420-0915.