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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:
To donate stock to a non-profit organization like MVEF, the donor must submit written authorization to their broker to advise the transfer of shares. This must include the following information:

 

Your name
• Your brokerage firm
• Your account number
• Date of transfer
• Number of shares
• Name of stock
• The non-profit's name - Mountain View Educational Foundation
• The non-profit's brokerage firm and DTC number:
Charles Schwab, Account # 3186-9618, DTC # 0164, Code 40
 

It does not matter if a donor's account is with a different firm. 

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Please notify MVEF when you authorize your donation
Brokers do not necessarily notify us when the stock comes in and there may not be anything in the monthly statements to indicate who made each stock donation. We may be unable to acknowledge your gift unless you notify MVEF. 



Thank you for your support of MVEF!

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