Gifts of Stock
There are distinct advantages in donating stock or other securities:
- Donors receive an income tax deduction for the full market value of the stock that is donated;
- Donors can avoid paying capital gains taxes on the appreciation of the value of the stock;
- Donors can support SLT at a lower cost to them compared to making a cash gift; and
- SLT can sell the stock without paying capital gains taxes and put the money to use protecting land for future generations.
When donating appreciated securities and real estate held long term, the donor's income tax deduction is generally limited to 30% of adjusted gross income. SLT encourages you to seek professional tax advice before making decisions about your giving plans for the year.
Transferring stock to Stowe Land Trust is simple. Your stockbroker can make a direct electronic transfer of your stock certificates to the Charles Schwab account held by SLT. To make a gift of stock or mutual fund shares, please follow these procedures:
How to Donate Stock and Other Securities
To transfer appreciated securities from your current custodian as a donation to the Stowe Land Trust provide the following information to your custodian. All three data points below are needed for a successful transfer.
Charles Schwab Delivery Instructions: Delivery to DTC Clearing 0164, Code 40
Registration: Friends of Stowe Conservation, Inc.
Custodial Account Number: 2480-6192
Please notify Stowe Land Trust of your gift as soon as the transfer instructions have been given by calling (802) 253‐7221 or by emailing info@stowelandtrust.org. If you have any questions on how to make the donation, please contact the eCIO investment advisory team at (608) 291-4646.