Give by Stock
Making a gift through stock, securities, or mutual fund shares is simple and offers you valuable financial benefits as the total value of the stock upon transfer is tax-deductible.
A gift of stock to NCOA can support our advocacy and educational programs while offering potential tax advantages.
Why donating stock can make a bigger impact
Illustrative example
A donor purchased stock for $1,000. It’s now worth $10,000 and they want to support NCOA.
|
|
Sell Stock, Then Give Cash |
Give Stock Directly to NCOA |
|
Original purchase price |
$1,000 |
$1,000 |
|
Current market value |
$10,000 |
$10,000 |
|
Capital gain |
$9,000 |
$9,000 |
|
Capital gains tax paid* |
$1,800 |
$0 |
|
Amount available to give |
$8,200 |
$10,000 |
|
Potential charitable tax deduction† |
$8,200 |
$10,000 |
|
Impact to older adults |
Reduced by taxes |
Maximized |
Bottom line: By donating appreciated stock directly, you can avoid capital gains tax and typically give more to support older adults at no additional cost to you.
*Assumes a 20% federal long‑term capital gains tax.
†Assumes stock has been held more than one year and the donor itemizes deductions. Individual tax circumstances vary.
This example is for illustrative purposes only and does not constitute tax or financial advice. Tax benefits vary based on individual circumstances. Please consult your financial or tax advisor.
Ready to make your gift of stock?
Use the instructions below or contact our team at donorservices@ncoa.org.
To make your gift of stock simply contact your financial manager to arrange an electronic transfer directly to NCOA’s brokerage account. Please be sure to have your broker include your name on the information shared with the receiving account.
Stock Transfer Instructions
To gift stocks to NCOA electronically, please have your broker use the following information:
Clearing Firm: Raymond James & Associates
DTC#: 0725
Client Name: National Council on Aging
Tax ID: 13-1932384
Account #: 7204J888
Broker Contact: Wayne McCormick / Michelle Lauder
McCormick Wealth Management of Steward Partners
1155 Elm Street, 4th floor
Manchester, NH 03101
Direct phone: 603-945-3310 OR Toll-Free Help Line: 855-568-6611
Your donation will be valued at the market value on the date of transfer, and you will receive a thank you for the charitable donation showing that value.
