You can make a gift of appreciated securities—publicly traded stocks, bonds and mutual fund shares—to The Nature Conservancy while avoiding capital gains tax, diversifying your portfolio and/or securing a stream of income. It is easy to do.
There are many benefits to making a gift of appreciated securities.
- You receive credit and an immediate income tax deduction is given for the fair market value of the securities on the date of transfer.
- You do not pay capital gains tax on gifts of securities.
- A gift can be directed to a specific fund or purpose.
- A gift can fund a charitable gift annuity or a unitrust that diversifies your portfolio and allows you to receive lifetime payments that equal or surpass the dividends the securities are paying now.
Please note that the securities you use to make your gift must have been held by you for more than one year to be fully deductible.
Have questions? Check out the answers to some common questions below, contact us at (877) 812-3698 or email us today.
How will my gift be valued? We take the average of the high and low prices for the security on the date it is received.
Is it difficult to transfer securities? No. Our experts can help with every step of the process.
How do I contribute gifts of securities? Be sure to consult with your financial advisor. Let us know that the gift is coming, and to what program or department you want us to apply it.
There are different procedures for stocks and mutual funds.
- Contact the Conservancy’s stock team to provide the following information: name of the security being transferred, how many shares, approximate value and designation for the gift (if any).
- Draft a letter to your broker providing instructions for the stock transfer.
- If you hold the actual stock certificates, sign a stock power form for each certificate you contribute. Be sure to sign your name precisely as it appears on the certificate. When mailing the certificates, use two envelopes—one with the unendorsed certificates and the other with the completed stock power(s). Send them on the same day by certified mail to:
The Nature Conservancy
ATTN: Stock gift Manager
4245 North Fairfax Drive
Arlington, VA 22203
- Follow the following stock transfer instructions:
Account name: The Nature Conservancy (Tax ID # 53-0242652)
Account number: 749-04834
DTC Number: 5198
George L. Balboa, Jr.
Merrill Lynch Balboa & Blevins Group
1152 15th Street, NW
Washington, DC 20005
- For mutual funds, we kindly ask that you or your broker contact us first so we can research and be sure these funds will be accepted into our account.
- Draft a letter to your broker providing instructions.
- Mutual fund transfers usually take longer to transfer. The Conservancy may even need to create an account with the mutual fund company before the transfer can occur.