Gifts of Stocks and Bonds – Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to FINCA.
Benefits:• Avoid paying capital gains tax on the sale of appreciated stock |
How to Make a Gift of Stocks and Bonds
By Electronic Transfer – If you plan to transfer stock, you can instruct your broker to electronically wire shares to our account and include the following details:
- Account Name: FINCA International, Inc.
- Charles Schwab Account number #: 3279-0501
- Delivery to DTC code 0164 at Charles Schwab & Co.
If you plan to transfer cash by wire or ACH, you may instruct your financial institution to use the following transfer instructions:
- Account Name: FINCA International Inc.
- Bank: Citibank, N.A.
- Account # 30987483
- ABA # 021000089
- Swift: CITIUS33
Please note that securities are transferred into our accounts anonymously. To enable FINCA to properly acknowledge your gift, please contact Soledad Gompf at 240-654-7177 or [email protected].
By Certified Mail – If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.
Need More Information?If you have any questions about making a gift of stocks or bonds, we would be happy to assist you. |
Already Made a Gift?
If you have made a gift of stocks or bonds to FINCA, we would like to thank and recognize you for your gift. Please contact Soledad Gompf at 240-654-7177 or [email protected].
Additional Information
There are special rules for valuing a charitable gift of stock. The value is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
