How to Give Securities
Long-term appreciated securities are those you’ve owned for more than one year and have increased in value. Such a gift would entitle you to a federal income tax deduction for the full fair market value of the securities on the date of the gift, up to a maximum deduction of 30% of your adjusted gross income for the year if you itemize deductions.
Short-term securities are those you’ve held for less than one year. If you itemize, you will be entitled to a federal income tax deduction for only the purchase price of the securities.
Depreciated securities are those that have declined in value since you bought them. To gain maximum tax benefits from the gift, the foundation suggests that the donor sell these, take the tax loss, and donate the cash proceeds.
To make a gift of stock to the DVSAC foundation to benefit our Annual Campaign, General Fund, or other project, please instruct your broker to transfer the stock to:
Citigroup Smith Barney
Attn: Terry Lineberger, CFP
155 Cadillac Drive
Sacramento, CA 95825
DTC 0418 For further credit to: Account name: The Domestic Violence and Sexual Assault Coalition, Inc. (Account # 602-71418)
In the instructions to Citigroup Smith Barney, please ask your broker to mention the name of the stock, the number of shares being transferred, and any special instructions for the use of the gift (annual campaign, unrestricted gift, special scholarship, endowment development, etc.).
Also send a copy of these instructions to Executive Director, Domestic Violence and Sexual Assault Coalition (DVSAC), P.O. Box 484, Grass Valley, CA 95945 or fax them to 530-273-3780, so that your gift can be properly credited and acknowledged.