Stocks & ETFs
Tax-smart asset donations, made simple.
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Tax-smart asset donations, made simple.
Last updated
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Tax-smart donors know that donating long-term appreciated securities can result in larger deductions on their income taxes, and more money going to charities. Donors are generally able to deduct the full fair market value of the donated asset, avoid capital gains taxes, and use the full liquidated value for charitable giving.
Donating stocks and ETFs to your Charityvest fund is simple:
Get your account number: by visiting your , selecting Contribute, and selecting Donate Stocks and ETFs. We'll provide you with a unique brokerage account to send shares to. This is your private stock contribution account at Charityvest; please don't share it with others.
Make a transfer from your broker: Use your brokerage's process to initiate your contribution, or share the information with your financial advisor. You choose which shares and tax lots to send. We never have access to your brokerage account.
We receive and sell automatically: As soon as we receive the shares from your broker, we'll sell the shares and assign the value to your Charityvest account within one business day, providing you with a detailed tax receipt. We intend to automate this process in the future to get the funds in your account even sooner.
Stock and ETF donations trade commission-free.
We accept donations of mutual funds through a dedicated mutual fund clearing account. Mutual funds are easily identified by ticker symbols that are 5 letters long, and which always end in X (e.g., VTSAX, VFIAX).
If your donation includes mutual funds, please direct your gift to the below account:
Account Title / Owner: Charityvest, Inc. Account Number: DWP001718 Brokerage: Pershing LLC (DTC #0443)
Charityvest provides you with an estimate of the tax-deductible value of your stock and ETF donations at the time your gift is posted to your account.
For stocks and ETFs, we use the IRS recommended method and use the simple average price of the publicly-traded security on the day we received it. Specifically, we take the day's low price and the day's high price, and we average them.
Ultimately, it is your responsibility as the taxpayer to accurately represent and claim a tax deduction on your income taxes; all information provided by Charityvest is for convenience only. Please seek advice from tax counsel.
For ease of reference, Charityvest has provided the securities donation forms of some well-known brokerages. Best efforts are made to ensure these forms are up-to-date, however, it is ultimately the donor's responsibility to ensure the correct form is completed.
When completing the form with your delivering broker, please include:
For stock & ETF contributions (excluding mutual funds):
Receiving Firm: Alpaca Securities LLC
Receiving Firm Address: 12 E 49th Street, Floor 11, New York, NY 10017
Registration: Charityvest, Inc.
Contact Name/Email: support@charityvest.org
Contact Phone (for brokerage use only): (404) 538-6170
For contributions containing any mutual funds:
Receiving Firm: Pershing LLC
Receiving Firm Address: One Pershing Plaza Jersey City, NJ, 07399
Registration: Charityvest, Inc.
Contact Name/Email: support@charityvest.org
Contact Phone (for brokerage use only): (404) 538-6170
Use the contents on the right side of this page or click the links below to find specific instructions for your broker:
If you're not looking for brokerage-specific directions, or you can't find your brokerage on this list, you can still donate stocks and ETFs to Charityvest using our standard process:
Reach out to customer service at your advisor/brokerage and tell them you would like to make a charitable transfer of stock. Instruct your brokerage or advisor which shares to send to Charityvest, and provide your unique Charityvest account information as the receiving account. You may be required to complete a form, or confirm your transfer, to finalize the activity at your broker. You choose which shares and tax lots to send. We never have access to your brokerage account.
We receive and sell automatically: As soon as we receive the shares from your broker, we'll sell the shares and assign the value to your Charityvest account within one business day, providing you with a detailed tax receipt. We intend to automate this process in the future to get the funds in your account even sooner.
For more detail, please check out the of the Tax Matters page in this Guide.
Get your account number: by visiting your , selecting Contribute, and selecting Donate Stocks and ETFs. We'll provide you with a unique brokerage account to send shares to. This is your private stock contribution account at Charityvest; please don't share it with others.
Upload the completed form
Upload the completed form
Upload the completed form
Sign in to your to initiate your transfer.
Sign in to your to initiate your transfer.
Visit Vanguard's page while logged in, and select "Gift to a non-Vanguard Account", then follow the prompts to complete your contribution.
Sign in to your to initiate your transfer.
Sign in to your to initiate the transfer.
Upload the completed form .
Mail the notarized form to Ally Invest: