The SNIS Foundation has the ability to accept gifts of stock. If you own an appreciated stock, it often makes more sense to contribute the stock than cash. A gift of appreciated stock generally offers two-fold tax savings. First, you avoid paying capital gains tax on the increase in the value of the stock, and second, you receive an income tax deduction for the full fair market value of the stock at the time of the gift. Instructions for stock donation are below. If you would prefer to complete a form outlining your donation, please click the link below to access the form. Contact Marie Williams Denslow at email@example.com if you have any questions.
SNIS Foundation Stock Donation Form
Please direct the sending institution to send the shares to:
DTC Number: 0164 Code: 40
For the benefit of: SNIS Foundation
Custodian: Charles Schwab & Co., Inc.
Account Number: 8192-3936