Giving stock instead of cash can have many benefits. Most important—capital gains tax is potentially eliminated, allowing you to give more!
To make a gift of stock to Hope Academy, follow these simple steps:
- Transfer the stock shares to our brokerage account at Charles Schwab (“Hope Academy”, Account #7619-2343, DTC #0164.)
- Contact Lisa Quinn to let us know you’ve transferred stock (otherwise we won’t know it’s from you): email@example.com or 612-540-2076.
- We’ll send an acknowledgement of your gift for your tax records.