Stock Donations

Maximize Your Impact

When you make a gift of stocks and other securities directly to a charity, you make an outsized impact without taking money directly out of your bank account. Plus, neither you nor the charity will be taxed on the gains for appreciated assets you donate.

Tax Benefits of Donating Stock to Charity

If the stock has increased in value from the time of purchase, the owner can avoid paying capital gains tax by donating the security to a qualified charitable organization. When an appreciated security held for at least a year is donated to a charitable organization, its fair market value may be itemized as an income tax deduction. The resulting tax savings could be factored in to make a larger donation.

How to Make a Gift of Stock to The Redwoods:

Please notify your broker that you are making a charitable gift of stock to The Redwoods, A Community of Seniors.

Provide your broker with the following account and delivery instructions:

Charles Schwab & Co., Inc.
DTC Clearing 0164, Code 40
Beneficiary Account: The Redwoods, A Community of Seniors, (Stock Account)
Account Number: 8776-4640
The Redwoods Federal Tax ID#: 23-7085414

You may also use this Stock Transfer Form:

Stock donations are often received by our broker without the donor’s identity. Thus, it is important to let us know when you have made your donation so we can identify your gift and send you an acknowledgment letter for tax purposes.

For more information, contact Christian Mills at or call (415) 383-1600 x267.

The Redwoods, A Community of Seniors is a tax-exempt 501(c)(3) organization. Contributions to The Redwoods are tax-deductible to the extent allowable by law.

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