When you transfer shares, you are entitled to claim the full fair market value as a charitable gift (up to 30% of your AGI) if you have owned the stock for more than one year. In addition, by transferring directly (rather than selling the stock and making a cash gift), you avoid paying long-term capital gains tax on the increased value.
If you would like to donate shares to Cal-IPC, please request that your broker transfer shares to TD Ameritrade – California Invasive Plant Council, account # 491-542844-1. Please advise your broker to add your name to the transaction confirmation. To ensure that your gift is processed accurately, please let us know to anticipate your gift by contacting Doug Johnson at 510.977.0380 x302, or at firstname.lastname@example.org.