By giving appreciated property like stocks or bonds, you can avoid paying capital gains taxes on the appreciation, receive a tax deduction for the full value of the gifts and support Groundswell at a lower cost to you. Please check with your tax advisor to determine the full deductibility of your donation.
When Groundswell receives a stock gift, our policy is to sell the stock as soon as possible after the receipt of the gift. If you wish to donate stock, please use the following procedure:
Direct your custodian to transfer your stock to our account at Charles Schwab:
Charles Schwab & Co
Our Account Number: 6191-0433
Our DTC #0164 Code 40
After you have completed the transfer, please contact Heidi Habeger at Groundswell at email@example.com or (608) 258-9797 and let us know the arrangements you have made. This is important because your broker may not include your name in the transfer and we may not know who the stock is from. Notifying us enables us to track the transfer of the stock and acknowledge your gift promptly.