Donate stock to BCG
Gifts of appreciated stock are an easy way to help keep the music going while potentially realizing significant tax benefits. For securities held longer than a year, you avoid paying capital gains taxes, while the current market value of the gift at the time of transfer to Bay Choral Guild is tax-deductible to the extent allowed by law. For those 70½ or older, a gift directly from a tax-deductible IRA to BCG–a “Qualified Charitable Distribution”–may yield even greater tax benefits. Please discuss with your tax advisor what’s best for you.
To donate stock directly, please have your brokerage transfer your shares to BCG's account at Edward Jones:
To donate stock directly, please have your brokerage transfer your shares to BCG's account at Edward Jones:
- DTC number: 0057
- Account number: 854-21167-1-3
- Account owner: Bay Choral Guild
Many people find it more convenient to donate stock indirectly, via a donor-advised fund offered by most brokerages, such as Fidelity Charitable or Schwab Charitable. With these, you transfer stock from your brokerage account to your charitable fund, and then advise the fund to make grants from there to the charities of your choice.
Thank you for your support and your commitment to the joy of choral music!
Thank you for your support and your commitment to the joy of choral music!