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Donate Stock to MVEF:
A Smart Way to Give
Did you know donating appreciated stock to MVEF can offer significant tax benefits
while supporting our schools?
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Many MVWSD community members trade securities or work for publicly-traded employers that grant discounted Restricted Stock Units (RSUs) as part of an employee's total compensation package.
Donations of appreciated stock made to 501(c)3 charities like MVEF are income tax-deductible and also not subject to the usual capital gains tax for appreciated stock transactions.
How It Works:
Contact your broker and instruct your broker to transfer shares to MVEF.
Provide the following information:
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Name
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Your brokerage firm and account number
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Date of transfer
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Number of shares
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Name of stock
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MVEF's brokerage details:
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​Charles Schwab
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Account # 3186-9618
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DTC # 0164, Code 40
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It does not matter if a donor's account is with a different firm.
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Notify MVEF: Let us know you've initiated the donation so we can properly knowledge your generous gift.
MVEF is not notified when stock arrives in the account
Benefits of Donating Stock:
Tax Deduction: Receive an income tax deduction for the fair market value of the stock.
Avoid Capital Gains Tax: Bypass capital gains taxes that you would normally incur if you sold the stock.
Important Note: MVEF is NOT automatically notified of stock donations. Please inform us directly to ensure your gift is recognized.
Thank you for considering this unique way to support our students and schools!
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