Bring Hope with Your Gift of Stock

Are you interested in making a charitable gift that may yield double tax benefits and additional savings? If so, a gift of appreciated stock may be the right option for you. You’ll receive the most tax benefit from a stock donation if you own the stock for more than a year and the value has appreciated during your ownership. The IRS says the charitable deduction will be for full fair market value of your stock on the day of donation.

Below are the instructions on how to make a stock gift:

• When you contact your broker, please let them know the amount of stock you wish to donate.

• Provide them with the following information  that will allow them to transfer the stock to our Merrill Lynch account

Merrill’s DTC Number (8862)

Merrill’s 8 Digit Client Account Number (The 8 digit account ending 283-02825)

MaliVai Washington Kids Foundation

• Email champion@malwashington.com with the following information:

Stock name and trading symbol

Number of shares

Dollar amount of shares upon selling

Date sold

• MWYF will then notify our broker to look for the stock and to liquidate stocks to use as operating cash or to reinvest according to our investment policies.

The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor.

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