Content-Length: 124693 | pFad | https://www.redcross.org/donations/ways-to-donate/stocks-mutual-funds.html
Every day, people in our community and around the world face emergencies, big and small – From survivors of more frequent and intense natural disasters, to patients in need of lifesaving blood, to military families in crisis, the Red Cross is there. By making a gift of stock to the Red Cross, you are fueling our vital mission of alleviating human suffering when help can’t wait.
A gift of stock may provide more benefits than a cash gift. When you make a gift of stock to the Red Cross, by eliminating the capital gains tax that would be due upon selling the stock, you receive tangible tax-savings and benefits while also supporting the humanitarian mission. A gift of stock may be right for you if:
1. You are holding stocks that have risen in value. If your stocks are highly appreciated, you may find yourself with a hefty tax bill when it comes time to sell. By using these securities as a gift, you can avoid the capital gains tax on any paper profit.
2. You would like to maximize your deduction while not affecting your liquidity. If you decide to make a gift of stock, you not only retain your cash assets, but you also receive a charitable tax deduction for the full fair market value of the stock that you’ve owned for more than one year.
Your gift of appreciated stock to the American Red Cross helps ensure that no one faces life’s darkest moments alone. We couldn’t be where we’re needed most without the support from people like you.
Every day, people in our community and around the world face crises of all kinds. From survivors of more frequent and intense natural disasters, patients in need of critical blood and blood products, military families and many more, the American Red Cross is a source of care and comfort. Never has our humanitarian mission been more vital.
Powered by selfless support from our donors and a dedicated workforce — more than 90% volunteers — the Red Cross has the capacity to deliver aid at a moment’s notice and on a massive, unparalleled scale.
Help Us Provide Care for People Affected by Disaster »
The Red Cross uniquely serves people through all phases of a disaster: preparedness, response and recovery. We ensure that those impacted receive food, shelter, comfort and care. After immediate needs are met, Red Cross caseworkers help survivors develop recovery plans and identify additional resources so families can get back on their feet.
Help Us Collect and Distribute 40% of the Nation's Blood Supply »
Every two seconds, someone in the U.S. needs blood: accident and burn victims, heart surgery and organ transplant patients, or those battling cancer. To meet this constant demand, the Red Cross must collect about 12,000 units every day which then must be tested and packaged for safe transport to medical facilities around the country.
Help Us Support Service Members Every Step of the Way »
From connecting deployed service members with their families during emergencies to helping a homeless veteran secure safe shelter, serving the Armed Forces has been a Red Cross cornerstone for about 140 years. While our work is always evolving to meet the ever-changing needs of service members, veterans and their families, our commitment remains constant.
Securities can be gifted to the Red Cross in two ways - electronically or by physically mailing certificates. Either method is acceptable, but it is necessary for you to contact your broker to initiate the transfer.
Ask your broker to donate through:
Muriel Siebert and Co., Inc.
C/O National Financial Services
DTC Number: 0226
ACCT Name: American Red Cross
(Tax ID# 53-0196605)
ACCT Number: A72-627844
NOTE: Certificates already registered in the name of the American Red Cross do not require either the stock waiver or stock power for execution of the transfer.
Mail your UNENDORSED certificate(s) with a Stock Power Form by registered mail, to:
American Red Cross
Attn: Gift Processing Unit
13500 S Point Blvd Ste L
Charlotte, NC 28273-4757
NOTE: Certificates already registered in the name of the American Red Cross do not require either the stock waiver or stock power for execution of the transfer.
For those who wish to electronically transfer funds to the American Red Cross, gifts may be sent via wire transfer.
Please follow the instructions below, or reach out to WireDonations@redcross.org if additional support is needed.
Step 1: Please provide the following information to your financial institution who will initiate the wire transfer/EFT. By completing the form on step 2, the below information will be emailed to you.
Account Name: American National Red Cross
Bank Name: Wells Fargo Bank
Location: 420 Montgomery – San Francisco, CA 94104
ABA Number: 121000248 (For Fed Wire and ACH transfers)
Account Number: 4945704518
Reference: This field is used to identify the donor and the designation of the donation. The maximum number of characters that can be used is 80 (including spaces and punctuation). Please abbreviate the designation of the donation when possible (e.g., Disaster Relief = DR, undesignated = U, Service to the Armed Forces = SAF, etc.), and provide the donor name, address and zip code to allow the Red Cross to appropriately record and acknowledge the donation. If additional information or special instructions need to be communicated, send the supplemental information to WireDonations@redcross.org.
Step 2: Please complete the Wire Transfer Form below. Upon completion, this form will automatically be transferred to our donation processing team to facilitate accurate processing when your wire transfer arrives.
Step 1: Please provide the following information to your financial institution who will initiate the wire transfer/EFT. By completing the form on step 2, the below information will be emailed to you.
Account Name: American National Red Cross
Bank Name: Wells Fargo Bank
Location: 420 Montgomery – San Francisco, CA 94104
ABA Number: WFBIUS6S
Account Number: 4945704518
Reference: This field is used to identify the donor and the designation of the donation. The maximum number of characters that can be used is 80 (including spaces and punctuation). Please abbreviate the designation of the donation when possible (e.g., Disaster Relief = DR, undesignated = U, Service to the Armed Forces = SAF, etc.), and provide the donor name, address and zip code to allow the Red Cross to appropriately record and acknowledge the donation. If additional information or special instructions need to be communicated, send the supplemental information to WireDonations@redcross.org.
Step 2: Please complete the Wire Transfer Form below. Upon completion, this form will automatically be transferred to our donation processing team to facilitate accurate processing when your wire transfer arrives.
The Red Cross has accounts open at many of the large fund companies, which is necessary to initiate the transfer. However, we recommend that you email us at StockDonations@RedCross.org to confirm if an account number is available. It may be necessary for us to establish an account to accept transfers of shares. Some mutual fund companies take 3-6 weeks to process your gift.
Want to learn more about gifts of stocks, bonds, or mutual funds? Click here.
Support all the urgent humanitarian needs of the American Red Cross.
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