Invest in a Young Person’s Future with a Gift of Stock
Gifts of stock are a great way to support YouthCare programs for homeless youth. As an added benefit, you can realize tax benefits beyond those available in making a cash donation. When stocks are sold, any growth above their original cost is subject to federal capital gains tax and potential treatment by states as ordinary income. By giving YouthCare appreciated securities that have been held at least a year and a day, you can avoid the capital gains tax and receive an income tax deduction for the fair market value of the stock at the time of the gift.
Stock Transfer Information
Please email us at firstname.lastname@example.org for inquiries, full account information, and stock transfer instruction. Please provide your stock broker with the following information to make an electronic transfer of funds to YouthCare:
Agency Name: YouthCare
Brokerage Account: Merrill Lynch
Brokerage Account Phone: (800) 333-4858