Stocks
Donations - How to donate stocks (and get
tax savings!!)
To donate stock to a non-profit
organization such as SEF, the donor generally must submit written
authorization to his/her broker to make the transfer of shares.
This must include the following information:
Your name, Your brokerage firm,
Your account number, Date of transfer, Number of shares, Name
of stock, Our name (Saratoga Education Foundation), Our brokerage
firm, Our account number, DTC number.
We have a brokerage account with:
- Charles Schwab ACCT #7761-0458
DTC #0164
You may make your donation to
this account. It does not matter if your account is with another
firm. We do ask that you notify SEF of your donation. Brokers
do not necessarily notify us when the stock comes in and there
is nothing in the monthly statements to indicate who made each
donation. We will be unable to acknowledge your gift unless you
notify SEF.
Questions? Send email to:
SEF
Investment Donations |
