Your generosity enables Samaritan House to continue providing essential services to those in need. Supporting Samaritan House by donating stock is an impactful, tax-efficient way to contribute to the wellbeing of individuals and families in our community. With your donation, you help provide critical services such as food, shelter, clothing, healthcare, and hope for thousands of residents in San Mateo County.
Each year, we serve over 29,000 people, including families with children, seniors, veterans, individuals with disabilities, and homeless adults. By donating stock, you can ensure that your contribution goes further in supporting our mission to provide essential services to those who need them most.
Why Donate Stock to Samaritan House? Donating stock directly to Samaritan House offers several benefits over selling:
- Tax Benefits: Donating appreciated stock directly to Samaritan House allows you to avoid paying capital gains tax on the appreciated value of the stock. You may also receive a charitable deduction for the full market value of the stock.
- Maximize Impact: By donating stock, you can give a larger gift while minimizing tax liability, enabling you to make an even greater impact in the lives of those in need.
- Simplified Process: Donating stock directly to Samaritan House is a straightforward process, and we are here to assist you every step of the way.
How to Donate Stock to Samaritan House Follow these simple steps to make a stock donation:
- Choose the Stock You’d Like to Donate: You can donate stocks, bonds, mutual funds, or other appreciated securities. This is a great option if you have investments that have grown in value and want to maximize your charitable contribution while minimizing taxes.
- Contact Samaritan House: Please let us know that you plan to donate stock. This will help us ensure that the donation is processed smoothly. You can reach us at [email protected] to notify us of your donation or if you need assistance.
- Transfer the Stock: Work with your broker or financial advisor to initiate the transfer of your stock to Samaritan House. The following details are required to complete the transfer:
- Notify Us of the Donation: After the transfer has been made, please contact us to confirm the details of your donation, including the type of stock, number of shares, and date of transfer. This will help us provide the correct acknowledgment and tax receipt.
- Confirmation and Acknowledgment: Once we receive your stock donation, Samaritan House will send you a donation acknowledgment letter for your tax records. This letter will include the date of the donation and the fair market value of the stock on the date it was received.
