You can sell your stock and then donate what’s left over after you pay capital gains tax, or you can donate securities directly. But with the second option, you get a bigger deduction and A Child’s Hope gets a bigger donation! A Child’s Hope Int’l has an account with Scottrade – solely for the benefit of our donors (we do not buy stock or commodities). Feel free to contact them first if you have any questions.
As with any donation, please consult with your tax adviser regarding the timing, value and documentation required for federal income tax benefits.
9322 Union Centre Blvd
West Chester, OH 45069
A Child’s Hope Int’l account number is 10026337
The Scottrade Direct Transfer Code (DTC) is 0705