Publicly traded securities are great assets to give. They are easily valued without an appraisal, and easy to transfer. Donating appreciated securities before they are sold typically results in a tax advantage.
A tax deduction is normally allowed based on the market value at the time of the gift. Since the deduction is based on current value, rather than cost, no tax is paid on the appreciation.
Mental Health Colorado Stock Transfer Details
Account is held at Morgan Stanley
Account Name: Mental Health America of Colorado
DTC Number: 0015
Account Number: 015-357063
Please make sure to contact our office with your intentions before the transfer so that we may properly receipt and acknowledge you for your donation.
For more information on donating, please contact Kay Greene, Director of Development, at 720.208.2239.