Donating stock is a smart investment and a wonderful way to support NW Children’s Foundation in ending the intergenerational cycle of child abuse, neglect, and trauma.
If you have stock that you have owned for more than one year and it has appreciated since you purchased it, you may save on the capital gains tax you would owe if you sold it yourself by donating the stock to NW Children’s Foundation. Since NW Children’s Foundation is a 501(c)3 charitable organization you may be entitled to an income tax deduction for the full current market value of your gift, to the extent allowed by law. Of course, consult with your financial planner, accountant or estate attorney to discuss your specific situation.
HOW TO MAKE YOUR DONATION
If your broker holds the security for your account, instruct your broker in writing to electronically transfer (known as “DTC”) the securities to NW Children’s Foundation’s account using the information below.
Will Strong, R.W. Baird
DTC # 0547
Account # 1084-4628
MAKE STOCK PAYABLE TO:
NW Children’s Foundation
Tax ID#: 91-1314318
Call NW Children’s Foundation (206-682-8447) or email Chief Executive Officer Victoria Helm at email@example.com to notify us of your gift. Indicate your name, name of the investment, number of shares, and approximate value of the gift. After NW Children’s Foundation is notified that your donated securities have been received, we will acknowledge your gift with the information you need for your tax records. Please watch for this letter from us. If you’d like to donate stocks in certificate form, please contact us for instructions.may