Donate Stock
TAX SMART GIFTING
Many of our families find that the best way to support LGEF is through a gift of stock or securities. When you donate stock that has increased in value over the years, you do not pay capital gains tax. And there is an extra bonus – if you give a gift of stock or mutual fund shares to LGEF before the end of the year you may be able to take a deduction of the value of the stock on this year’s tax return.
As always, please contact your tax professional regarding your individual tax situation.
Making the gift is simple. If you are transferring stock from an LPL Financial account, just instruct your broker to transfer your stock to the LGEF Brokerage Account Number 2888-7075.
If you are transferring stock from a non-LPL Financial account, you will need to complete a DTC Transfer Request with the following information:
Attn: LPL Financial
Acct: 2888-7075
In the name of: Los Gatos Education Foundation
DTC # 0075
In either case, please contact the LGEF Office at 408.335.2229 or email admin@lgef.org so we can be on the lookout for your gift.
Many of our families find that the best way to support LGEF is through a gift of stock or securities. When you donate stock that has increased in value over the years, you do not pay capital gains tax. And there is an extra bonus – if you give a gift of stock or mutual fund shares to LGEF before the end of the year you may be able to take a deduction of the value of the stock on this year’s tax return.
As always, please contact your tax professional regarding your individual tax situation.
Making the gift is simple. If you are transferring stock from an LPL Financial account, just instruct your broker to transfer your stock to the LGEF Brokerage Account Number 2888-7075.
If you are transferring stock from a non-LPL Financial account, you will need to complete a DTC Transfer Request with the following information:
Attn: LPL Financial
Acct: 2888-7075
In the name of: Los Gatos Education Foundation
DTC # 0075
In either case, please contact the LGEF Office at 408.335.2229 or email admin@lgef.org so we can be on the lookout for your gift.
