gifts of stock


Gifts of stocks are especially advantageous if you hold a stock that has increased in value since you acquired it. By making a gift of stock held longer than one year, you avoid paying capital gains tax. In addition, you would receive an income tax deduction for the current market value of the gift. You may deduct gifts totaling up to 30% of your adjusted gross income in any year, with a five-year carry-over for any excess. If you contribute closely-held stock, you are eligible to receive a current income tax deduction for the full value of the gift. When we receive a stock donation, the name of donor is not always included. Please contact us if you have donated a closely-held stock. This will allow us to acknowledge your donation in a timely manner.

If you hold stocks with a broker, you may transfer the securities electronically by instructing your broker to send the securities to our account at:

Charles Schwab
Account Name: Access Fund
Account Number: 6952-4349
DTC # for Schwab: 0164

In order to facilitate the transfer and acknowledgment of your stock gift, please notify us of your name, the name of the stock and the number of shares being donated before you transfer the stocks. Of course, we will respect the wishes of donors who prefer not to have their name publicly disclosed.

You may notify us by contacting Leici Hendrix at leici@accessfund.org