Giving through Appreciated Securities
There are many tax benefits to giving stock, cryptocurrency, or other securities such as bonds or mutual funds to the Sheridan Community Land Trust. If you have held your stock or crypto for more than one year and it is now worth more than you paid for it (appreciated), you could receive a greater tax benefit than if you had given cash.
By donating appreciated stock or crypto, you could avoid paying capital gains taxes that would otherwise apply if you had simply sold the asset. In addition, you will receive a tax receipt for the current fair market value of the stock or crypto on the date of transfer, no matter what you originally paid for it.
Please consult with your accountant or a qualified tax professional regarding charitable tax deductions.
Please call Brad Bauer at 307-673-4702 or email [email protected] to notify us of your intent to donate stock to the Sheridan Community Land Trust.
Stock gifts – two methods:
1) To make a gift of stocks, you can have your financial manager directly transfer the stocks to SCLT’s brokerage account:
DTC Broker Name: Pershing LLC
DTC Number: 0443
Account Number: 48A131324
Account Name: Sheridan Community Land Trust
2) Use our convenient stock tool
If you would like to gift crypto, please use our convenient tool
We are a 501(c)3 organization, Tax ID: 20-4385635