A gift of appreciated stock or securities will go a long way to help Chabad of Newport, as well as provide you with a significant income tax deduction for the full market value of the stock. The following instructions will help you facilitate a gift of stock or securities. (Note: To receive the full tax benefit, stocks must be transferred to Chabad of Newport before they are sold):
Notification of Donor Intent
For the purposes of proper acknowledgment and auditing, either the transferring broker or you must provide the following information:
- Your name and complete address
- The number of shares and name of stock or securities transferred
To Donate Stocks Electronically
TD Ameritrade
Please call or email our office for account number and DTC transfer number.
For more information, contact:
Rabbi Reuven Mintz
949-721-9800
[email protected]