How to donate stock and other securities

Donating publicly traded securities, stocks, bonds and mutual funds is an excellent way to support the work of Atlantic Street Center. If you own securities that have appreciated in value you can donate them to Atlantic Street Center while at the same time realizing extra tax savings. How? Because you earn a federal income tax deduction for the full fair market value of the securities (as long as you have owned them for longer than one year) and you avoid all of the capital gains tax that would be due were you to sell the securities.

If you would like to donate securities to Atlantic Street Center please ask your broker to call our Resource Development Director at (206) 329-2050, ext 123. We will work with your broker from there to handle everything. Once the transfer is complete we will send you a letter acknowledging your contribution.

Your broker should provide us with the following information:

• Number of shares and name of stock
• QSIP of the stock
• DTC Number of the institution sending the stock

If you have questions regarding stock donations, please contact us at (206) 329-2050, ext 127 or email us.