Gifts of appreciated stock are very welcome and offer many advantages to you, the donor:
You pay none of the capital gains tax on the appreciated value of the stock. You receive a tax-deduction equal to the full, current value of the stock, and EBMC receives 100% of the value of the stock.
It is an easy 2 step process:
The stock transfer is handled between your and our account institutions, not between you and EBMC directly. Please provide this information to your account adviser:
- Account Name: East Bay Meditation Center
- Account Number: 4018-7469
- DTC Number: 0164, Code 40
- Tax ID Number: 94-3376180
- Charles Schwab & Co.
- Attn: Asset Transfer Services
- P.O. Box 52114
- Phoenix, AZ 85072-2114