Donating appreciated stock or securities you've held for more than a year is one of the most tax-efficient ways to give. You avoid the capital-gains tax you'd owe on a sale — and you can deduct the full fair-market value. The same shares do more good.
Say you bought stock years ago for $10,000 and it's worth $60,000 today.
You sell the shares, pay capital-gains tax on the $50,000 of growth, and donate what's left.
The shares transfer directly, no capital-gains tax is owed, and you deduct the full fair-market value.
Figures are illustrative and depend on your own tax situation — your accountant or financial advisor is the right person to confirm what this looks like for you. Chabad of Venice is a 501(c)(3) organization; Tax ID 20-2799569.
Fill out the short form below — the name of the stock, how many shares, and your mailing address. This is the step people skip, and it's the important one.
Tick the box on the form and we'll email you our brokerage account number and DTC transfer number — the two things your broker needs.
Your broker moves the shares electronically to our account. Have them transferred before they're sold, so the gift qualifies for the full deduction.
Once the shares arrive we send a letter confirming the gift for your records — that's the document your accountant will want.
Shares arrive in our brokerage account with a ticker symbol and a number — and no name attached. Without a heads-up we have no way to know whose gift it is, which means no acknowledgment letter and no thank-you. One minute on this form prevents all of that.
