Gifts of Stock and Appreciated Securities

stock and appreciated assets graphic

How it Works

You transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to Board of Child Care. Board of Child Care sells the securities and uses the proceeds in support of our mission.

Benefits

You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer (even if you originally paid much less for them). You pay no capital gains tax on the transfer when the stock is sold. Giving appreciated stock can be more beneficial than giving cash. The “cost” of your gift is often less than the deduction you gain by making it.

Instructions

If you would like to make a gift of eligible securities, please follow these instructions:

  • Forward your broker a letter of instruction, including the specific name and number of the securities you are giving, requesting that the securities be transferred via DTC to:
    • Bank of America
    • DTC #: 0955
    • Account Name: Board of Child Care
    • Account #: 45200257411226
  • E-mail a copy of your letter of instruction to Caitlin Christ, Senior Director of Marketing and Development (cchrist@boardofchildcare.org).

If you have questions, you can reach out to our Investment Advisor, Megan Brune, at Brown Advisory by phone at (410) 537-5308 or via e-mail at mbrune@brownadvisory.com. To speak with a member of the Development team, please click here to send an e-mail or call (410) 922-2100.