Gift Stock To Big Brothers Big Sisters Columbia Northwest

Many donors gift stock in the form of appreciated securities. When you donate stock to charity, the advantages include: receiving regular charitable tax deductions if you itemize your taxes and avoid paying tax on the capital gain. If you have owned the securities for more than one year, you may claim a tax deduction for the market value – rather than the purchase value – of your securities. Download the full directions on how to gift stock.

How to give securities depends upon the form in which you hold your stock: When the stock is held by your broker or commercial banker:

1. Notify your broker that you are giving securities to Big Brothers Big Sisters Columbia Northwest. The stock should be transferred into the Big Brothers Big Sisters Columbia Northwest account at Ameritrade, 1-888-302-7780, ext. 3, Account #: 875227225, DTC #: 0188.

2. Send a letter of instruction to your broker. Send a copy of the letter to Big Brothers Big Sisters Columbia Northwest and contact Judi Charman at 503-249-4849 to inform her of the transfer.

When the stock is in your name and in your possession:.

1. Do NOT endorse the certificates. Mail the un-endorsed certificates by first class or registered mail to Big Sisters Columbia Northwest. Address the envelope to: Judi Charman, Big Brothers Big Sisters Columbia Northwest, 1827 NE 44^th Avenue, Suite 100, Portland, Oregon 97213

2. Mail a stock or bond power (obtain from your broker or use the facsimile on the back) separately to the same address. Sign the power and have the signature guaranteed by your broker or commercial banker but do not fill in anything else.

3. Enclose a letter of transmittal with the certificate. Include a copy of the letter with the stock power.

4. If the certificates are already endorsed, send them by insured mail or deliver them by hand to Big Brothers Big Sisters Columbia Northwest at its offices at 1827 NE 44^th Avenue, Suite 100, Portland, Oregon 97213.