Why Should I Donate Stock?
Making a gift of securities is simple and offers a number of valuable financial benefits:
- No capital gain to be recognized
- Full value of stock is tax deductible
- May qualify for Enterprise Zone Tax Credit
- Stocks, Bonds and most Mutual Funds are accepted
Please note: We may not be able to accept some mutual funds directly into our account. If you wish to make a gift of mutual funds, please contact us.
How to Donate Stock – Three Easy Steps
Step 1) Notify the Mission
To confirm the proper crediting of your stock donation, please contact us or have your broker contact us to notify us that the transfer is underway.
Have questions? Please contact us or call 303.313.2491 for assistance.
Step 2) Transfer Stock
Provide your broker or financial adviser with the following information:
- Fort Collins Rescue Mission Broker: LPL Financial
- Financial Consultant: Pat Alfano
- Account Name: Denver Rescue Mission
- Account Number: 7433-3257
- Contact Phone Number: 303.586.9435
- Email: Patrick.Alfano@lpl.com
- DTC #: 0075
- DTC Text Box: Your Name and contact info
If your institution requires a letter of authorization, please download a sample authorization letter.
Step 3) Optional: Get Your Enterprise Zone Tax Credit
The Enterprise Zone tax credit allows a dollar-for-dollar reduction in state taxes owed by an amount equal to 12.5% of in-kind (stock) donations to Fort Collins Rescue Mission of $200 or more.
Visit our Enterprise Zone page for complete details about our process.
Complete this form with your tax adviser to see total tax credit for in-kind and cash contributions: Income 23 – Enterprise Zone Contribution Credit.
We will keep this information updated in compliance with the Colorado Department of Revenue. Please remember to check here for any updates or changes and always consult a tax professional.