Donate Stocks

Donate Stocks

 

There are tax advantages when donating appreciated stocks:

• You can deduct the market value of the stock at time of donation when you file your tax return.
• By donating stocks that have appreciated, you are actually giving more than if you sold them and then made a cash donation, due to avoiding capital gains taxes.
• Hidaya Foundation does not pay any tax when it sells the donated stocks, which makes your donation more impactful.

Please consult with your CPA or tax accountant to see how you can take advantage in your situation.

You may donate stocks or mutual funds to Hidaya Foundation by filling out a DTC request form with your brokerage firm. Please use the following information for our brokerage account.

Brokerage Name
Charles Schwab
438 E El Camino Real, Sunnyvale, CA 94087-1938
(408) 552-3002 / (800) 435-4000
Account Name: Hidaya Foundation
Account Number: 4338-0439
DTC Number: 0164

After giving instruction to your brokerage firm for transferring stocks to Hidaya Foundation account, please provide us with the details of your donation. This will enable us to issue your donation receipt when we receive your stock donation in our brokerage account. To submit the information, please fill out the Stock Donation Form by clicking on the button below.