Gifts of Stock

Want to be generous and pay less taxes? 

 When you donate stock to the West Valley-Mission Foundation, we send you a donation receipt for the full fair market value of the shares at the time of donation.  This is an attractive giving option because it can increase your charitable tax-deduction, and help you give more to the causes you care about most. 

Consider this giving scenario.

Joe would like to donate $100,000 to fund a scholarship endowment at West Valley-Mission Foundation.

Instead of liquidating his stock investment and making a cash donation with the proceeds, Joe plans to donate his stock. When Joe transfers his stock to us, he pays no capital gains tax and earns a charitable deduction for the full fair market value of the shares. 

In the two scenarios below, you can see how it is a tax-advantageous choice to transfer stock.

• Current value of the stock Joe plans to donate: $100,000
• Joe’s original cost-basis of that stock: $10,000
• Federal Long-Term Capital Gains Rate: 20% (assumes highest long-term capital gains tax rate)

	Scenario #1 Joe sells the stock and donates the net proceeds.	Scenario #2 Joe donates the stock directly to West Valley-Mission Foundation.
Federal Long-term capital gain taxes paid by Joe	$18,000	$0
Charitable contribution to fund Joe's scholarship endowment	$82,000	$100,000

How to transfer stock to West Valley-Mission Foundation

Stocks may be electronically transferred via DTC transfer. You typically need the following information to initiate the transaction.

• Custody Agent: Lindbrook Capital
• DTC Paticipant #: 0226
• Account #: 676-336409
• West Valley-Mission Foundation Federal Tax ID #: 77-0396330
• Custodian Address: Fidelity Investments, ATTN: TOA Receives. PO Box 770001, Cincinnati, OH 45277-0036

To ensure that you are properly credited for your gift and that a tax-deductible receipt is sent to you in a timely manner, please send an email to [email protected] to alert us of your stock transfer. Please include the date of the transfer, name of the stock, and the number of shares transferred.