A great benefit of donating stock is that you receive charitable donation credit for tax purposes for the full face value of the stock. This is especially valuable if the stock has appreciated significantly since you purchased it. Donating stock also allows you to avoid capital gains tax.
How Do I Donate Shares of Stocks to Charity?
Securities can be gifted to the Children’s Defense Fund by electronic transfer, in which your broker transfers shares using the Children’s Defense Fund’s DTC number. You must contact your broker to begin this process. The information you need to make a stock donation through your broker is included below.
Thank you for your generous gift.
Wells Fargo Clearing Services, LLC
Tax ID Number: 23-2384840
ACAT Participant: 0141
Phone: (855) 372-3526
Account Name or Registration: Children’s Defense Fund
Account Number: 2607-2804
Type of Account: Type T – Religious/Non-profit
Receiving DTC Number: 0141
To contact Wells Fargo Clearing Services, LLC with additional questions about a donation to the Children’s Defense Fund, please contact Financial Advisor Kathleen Counts at 1-800-638-4682 or Kathleen.email@example.com
If you’d prefer to speak to someone at the Children’s Defense Fund directly, please contact KC Ortiz at (202) 662-3654 or Donations@ChildrensDefense.org