Donating appreciated stock is an ideal way to support our work guiding families from crisis to self-sufficiency, while also receiving tax benefits.
Gifts of appreciated securities that have been held for longer than one year are exempt from capital gains taxes. When you donate appreciated stock to Family Supportive Housing, you are entitled to a tax deduction equal to the fair market value of the securities at the time of transfer.
To avoid exposure to capital gains tax, the stock must be transferred to Family Supportive Housing. We then sell the stock from our account.
Stocks may be transferred electronically or directly. To facilitate the electronic transfer of funds, please provide the following information to your broker:
Brokerage Firm: Morgan Stanley
Client Services: (650) 328-8080 / (800) 755-8081
Account Name: Family Supportive Housing, Inc.
Account Number: 112-120603
DTC Number: 015
Tax ID # 77-0106237
Letter of Donor Intent
Please provide Family Supportive Housing with a letter or email that lists the following information:
- Donor name and address
- Name and number of securities transferred
- Date transferred
- Statement clearly designating funds to Family Supportive Housing
Please send your Letter of Donor Intent by Mail, Email or Fax to:
Family Supportive Housing, Inc.
692 N. King Road
San Jose, CA 95133
Email: beth.leary@familysupportivehousing.org
Fax: (408) 254-2056
Tel: (408) 926-8885
We will provide a confirmation statement of your stock donation for your tax records.