Donating stocks or other securities is a powerful way to make miracles for orphaned children, while reducing your taxes. In addition to saving on capital gains, you can deduct your gift’s full market value at the time of transfer (up to 30% of your adjusted gross income) from your income tax.
To donate stock, use these delivery instructions:
Receiving Institution Account Number — 8855-5542
Contact Name — Marty Romell
Name of Receiving Institution — Charles Schwab & Co., Inc.
DTC Number — 0164, Code 40