Reasons to consider donating appreciated stocks

Gifting stock is a simple and powerful way to partner with The Community Fund of Darien in its mission-work. It also offers you a number of benefits:

• You can easily donate appreciated stocks, bonds, or mutual funds
• The total value of the stock upon transfer is tax-deductible
• There is no obligation to pay any capital gains taxes on the appreciation

Note: Donors should consult with their professional advisors.

How to Make a Stock Donation in Two Steps

• Contact the institution where your stocks are held and let them know you’d like to transfer the shares to The Community Fund of Darien’s account at Charles S. Schwab. You may need the following codes:
  • Depository Trust Corp (DTC) # 0164
  • Account Name: Charles S. Schwab Co., Inc.
  • Account # 8651-8180 (regular gift/annual donation) -or- Account # 8305-2893 (endowment)
  • TCF’s Employer Identification Number (EIN)/Federal Tax Identification Number: 06-0737286

 

• Stock donations transferred to our account aren’t accompanied by donor information. We want to be sure we acknowledge your charitable donation of stock and send you a tax receipt, so please be in touch. There are easy options to report your stock gift details – approximate number of shares, name of security, and expected transfer date:
  • Submit the gift information online using the Stock Gift Notification form below
  • Contact Janet King