Why make a gift of stock?
One of the most advantageous ways to contribute to the ACLU of Maine Foundation is via a gift of stock, or other securities, such as bonds or mutual funds. The total value of your gift is tax-deductible provided it has been held for at least one year, and there is no obligation to pay any capital gains tax on the appreciated value. The gift is fully deductible as of the date it arrives in our account.
Here is the information necessary to transfer stock to our account:
If your stock is held in brokerage account, your broker can transfer your gift electronically. He or she will need the following information:
Receiving Broker: Charles Schwab & Company, Inc.
DTC # 0164, Code 40
Account Name: American Civil Liberties Union of Maine Foundation
Account # 7140-5946
All deliveries MUST include the receiving account name and number.
Please let us know to expect your gift.
When your stock is received in the ACLU of Maine Foundation account, we do not receive any information that identifies you as the donor. Therefore, we kindly ask that you please alert us in advance about the stock and number of shares you plan to donate. You may notify us by e-mailing Joelle at jrutembesa (at) aclumaine (dot) org or calling (207) 619-6220. Be sure to provide your name and address so that we may acknowledge your gift with a receipt.
When filing your taxes for the donation year, please note our tax id number is 01-0367357.
If you or your broker have any questions, please email jrutembesa (at) aclumaine (dot) org or call (207) 619-6220.