A gift of stock provides increased value to YES at a decreased cost to the donor. The benefits include the following:
- A charitable income tax deduction for the fair market value of the stock;
- Elimination of the capital gains tax that would ordinarily become due if you had sold the stock on the open market and donated the proceeds of the sale to YES.
To donate stock to YES, please contact your firm for its Transfer of Account form. YES’s Account at Charles Schwab is #6448-7667. Schwab’s DTC # 0164. Please enter this information in the appropriate field on your form. If you have any additional questions, please contact Bryan Van Dorpe at [email protected].
Click here to download YES’s Stock Donation Form.