Gifts of Stock and IRA Distributions
How to Donate Stock
Each stock gift we receive strengthens our programmatic work while providing tax benefits for supporters. Click here to complete your stock distribution form to send to your broker.
Account and Contact Details
Our legal name: Chautauqua Watershed Conservancy, Inc.
Brokerage account: LPL
The LPL contact for our account is Gary Barnes, and his phone number is 814.726.1610.
Account number: 43980042
DTC number: 0075
The Chautauqua Watershed Conservancy contact for stock donations is Whitney Gleason, she can be reached at 716.664.2166 ext. 1006
Click here if you would like a printable/emailable pdf of the above information
Benefits of Donating Stock
A federal income charitable contribution tax deduction based on the stock’s fair market value on the date of the gift (up to 30% of your adjusted gross income) if the stock was owned for more than one year;
Carryover of the deduction for up to five additional years if the fair market value of the gift is more than 30% of your adjusted gross income; and
Avoidance of capital gains tax that is due when you sell appreciated stock.
Note: Stock owned for one year or less is considered a short-term asset and usually won’t produce attractive tax benefits.
Also, if stock has decreased in value, selling it and making a cash gift is often more beneficial. You can take a capital loss on federal taxes and still enjoy a charitable deduction up to 50% of your adjusted gross income.
To make a donation of stock to the Chautauqua Watershed Conservancy please provide your contact and shares information below, and then send the account and contact details to your broker.
PLEASE be sure to fill out the form before sending the information to your broker – often shares come through as anonymous, leaving us without a way to properly credit and acknowledge your gift. Your information is important to us because you are important to us, and we want to be able to thank you!