If you own stock or mutual fund shares that have appreciated in value, you can donate these shares to City Wildlife and not have to pay any capital gain tax on your “paper profit”. And you can take a federal income tax charitable deduction for the full appreciated value of the securities, subject to some limitations, if you have held them for more than one year. A security’s charitable value is determined by the date the security is received in the charity’s designated account.
The process is simple. You will need to provide your financial adviser or brokerage firm with the following information:
Method of Stock Delivery (choose one):
Electronic delivery through Merrill Lynch:
Brokerage Firm: Merrill Lynch, Pierce, Fenner & Smith
DTC number: 8862
Account Name: City Wildlife, Inc.
Our account number: 7WD-03045
Contact at Merrill Lynch:
John Paxton
(202) 659-6171
john.paxton@ml.com
Physical stock certificates:
Mail securities with required signatures and documents to:
Merrill Lynch, Pierce, Fenner & Smith, Inc.
1152 15th Street, NW
Suite 6000
Washington, DC 20005
Attn: John Paxton
Mutual Funds and Foreign Security Gifts:
Please contact John Paxton at Merrill Lynch:
(202) 659-6171
john.paxton@ml.com
Please also let us know in advance of your gift so that we can properly thank you. Electronic security transfers do not necessarily provide us with your information. Please provide the following information to:
Anne Lewis
President, City Wildlife
(202) 333-4388
anne.lewis@citywildlife.org
