When to Donate Appreciated Securities
Your gift of appreciated marketable securities to the Girl Scouts of Eastern Missouri is an easy and prudent way to gain substantial tax benefits. Most gifts of appreciated securities that you have held long term (more than one year) are fully deductible at fair market value and you do not incur a tax on unrealized capital gain.
Ways to Donate Appreciated Securities
By Phone:
If your broker or bank holds your securities:
1. Instruct your bank or broker to transfer your gift of securities to the Girl Scouts of Eastern Missouri electronically. To use an electronic transfer, ask your broker to call Fund Development at 314.592.2320 for routing instructions.
OR
Instruct your broker to establish a temporary account in the name of "The Girl Scouts of Eastern Missouri" and transfer the stock you plan to give to that account. Ask your broker to call Fund Development on the same day for instructions.
2. Write a brief note identifying yourself (name, address, phone number) and describing the number of shares, the name(s) of the stock(s), your broker's name and phone number, and any designations or specific purposes for your gift. Mail your note on the same day to:
Girl Scouts of Eastern Missouri
Attention: Fund Development
2300 Ball Drive
St. Louis, MO 63146
By Mail:
1. Send your unendorsed stock certificate(s) by registered mail to:
Girl Scouts of Eastern Missouri
Attention: Fund Development
2300 Ball Drive
St. Louis, MO 63146
2. In a separate envelope, by regular mail, send to the same address:
a. A signed stock power** (one power for each certificate; complete the signature block exactly as the stock is registered) and
b. A brief note identifying yourself (name, address, phone number) and describing the number of shares, the name(s) of the stock(s), and the purpose or designation for the gift. Mail both envelopes on the same day. The "date of the gift" is determined by the postmarks.
By Hand:
1. Bring your unendorsed stock certificate(s) to:
Girl Scouts of Eastern Missouri
2300 Ball Drive
St. Louis, MO 63146
2. Sign stock power** (one power for each certificate; complete the signature block only and exactly as the stock is registered). Receive a receipt acknowledging your gift and its purpose. The "date of the gift" is the date you deliver the securities.
3. Bring a brief note identifying yourself (name, address, phone number) and describing the number of shares, the name(s) of the stock(s), and the purpose or designation associated with your gift.
Gifts of Mutual Funds
Mutual fund shares that have appreciated in value are an excellent charitable gift with tax advantages similar to those from gifts of other appreciated securities. Generally, mutual fund shares must be transferred by the mutual fund company. To make a gift of mutual fund shares, you should ask your mutual fund company to provide you instructions and the forms necessary for making a charitable gift. Please call us at 314.592.2320 if we may be of help to you.
Multiply Your Gift with Corporate Match
Nearly 1,000 corporate matching gift programs will match gifts of securities made by employees, their spouses, retirees and directors. Please check with your company's personnel or public relations office to determine if it will match your gift. If so, please obtain the appropriate form from the company and forward it with your gift. Click here for more information.
Questions
If you have questions about tax regulations on gifts or appreciated securities, gifts of closely held stock, gifts of mutual funds, or ways to make your gift, please contact Fund Development at 314.592.2320 or cpena-cervantes@girlscoutsem.org.