Gifts of Stock
Donating appreciated stock can be a tax-smart way to make a meaningful gift to MANNA. By transferring stock directly to MANNA rather than selling it first and donating the proceeds, you may be able to avoid capital gains taxes on the appreciation while also qualifying for a charitable deduction.
If you’re planning to make a charitable gift, consider speaking with your financial or tax advisor before selling appreciated securities. Donating eligible securities directly may offer tax advantages compared with selling the shares first and donating the proceeds.
Why give stock?
If you own appreciated stock, donating the shares directly to MANNA may offer advantages over selling the stock and donating the proceeds.
Depending on your individual circumstances, you may be able to:
- Avoid capital gains tax on the appreciation of eligible securities.
- Qualify for a charitable deduction based on the fair market value of eligible long-term appreciated securities.
- Make a larger charitable impact using assets you already own rather than cash.
Please consult your financial or tax advisor to determine how these benefits may apply to your situation.
How do I donate stock to MANNA?
Here are the three easiest ways you can donate your appreciated assets:
Step 1: Start the transfer with your broker
Contact your broker or financial advisor and let them know you would like to make a charitable gift of securities to MANNA.
Step 2: Provide MANNA’s transfer information
Your broker will need MANNA’s brokerage and DTC information to complete the transfer. Click here to download MANNA’s Stock Transfer Instructions.
Step 3: Let us know your gift is coming
Please notify MANNA when you initiate your transfer. Providing your name, the name of the security, and the number of shares will help us identify your gift and acknowledge it properly. You can notify us by emailing Brandon Boyd, our Senior Philanthropy Manager at bboyd@mannapa.org.
Have questions about making a stock gift?
We’re happy to provide the information you or your financial advisor may need to make a gift of securities to MANNA. Email Brandon Boyd, MANNA’s Senior Philanthropy Manager at bboyd@mannapa.org to get started.