Stocks, Bonds, and Mutual Funds

Here are a few items to keep in mind when donating securities:

• Use stocks, bonds or mutual funds that you’ve owned for at least one year and have appreciated in value
• Transfer the appreciated securities directly to Foothill – don’t sell them; you avoid paying tax on the capital gain when you give the shares to a non-profit charitable organization
• FCDS, in turn, will sell the shares and no taxes will be due on the gain because 501(c)(3) charities like FCDS are tax-exempt
• You can take an income tax charitable deduction for the fair market value of the shares transferred, up to 30% of your adjusted gross income
• You can carry forward any unused deduction for an additional five year

Below are the instructions that should be provided to your broker:

DTC #8420 / The Bank of New York Mellon, National Association (BNY Mellon, N.A.)

Account Name/Registration: Foothill Country Day School

Account Number: UPL301423

Institutional ID Number/Agent Bank Number: 69595

Important: Please notify the Advancement Office by emailing advancement@foothillcds.org when donating securities.