Stock donations are particularly attractive if they have increased in value - you will receive a charitable deduction for the value of the donated shares, and you may not have to pay any capital gains tax on the increased value of the donated shares. Be sure to talk with your tax advisor for the best scenario for you!
Option 1: Electronic transfer: your broker transfers shares to CCST using our DTC number; click here to download our stock form.
Option 2: Paper certificates: you must endorse and physically mail the paper certificates to CCST; see below for details when using paper certificates.
Either method is acceptable, but it is necessary for you to contact your broker to initiate the transfer.
In order for California Council on Science and Technology to properly acknowledge a gift of stock, upon receipt, it is important that we are notified in advance by the donor or transferring broker. Use our form to scan, fax or mail in the information or email to Donna King. Or send us this information:
Donor's name and complete address
Name and number of securities transferred
Date of transfer
Restriction on gift (if any)
If the certificate(s) are in your name, please endorse the back of the certificate to sign over to CCST. Send this with completed stock power form, in separate envelopes, via registered mail to the address below. If you have any further questions, please call Donna King at (916) 492-0996.
Please send the certificate(s) via registered mail to:
California Council on Science and Technology
Attn: Donna King
1130 K Street, Suite 280
Sacramento, CA 95814
Note: This information is not intended as legal, tax or investment advice. For such advice, please consult your attorney, tax professional or investment professional.