Gift of Stock
Making a gift to Cancer Hope Network in the form of appreciated stock or mutual funds allows you to make an immediate difference in the lives of cancer patients and those who love them while also yielding possible tax benefits and additional savings.
“When I made a gift of stock to Cancer Hope Network I did so because I did not have sufficient cash ‘on hand’ to meet my desired donation amount. By donating equity instead, I was able to give the amount I wished without paying the long-term capital gains I would have had to pay if I liquidated any of my stock positions. CHN and I both won in this arrangement. They got a bigger donation amount; I paid no capital gains tax on the amount I donated, and come April, I will be able to claim a tax deduction for the whole amount donated. This process helped me give more in order to help make a difference in the lives of people facing cancer." – Greg B.
TO MAKE A GIFT OF STOCK OR MUTUAL FUNDS:
Step One: Donate Stock or Mutual Funds
- Please provide your broker with the following information:
Name of Account: Cancer Hope Network / Name of Broker: Wells Fargo Clearing Services
DTC/ACAT Number: 0141
For account number or questions, please call 908-879-4039 or email email@example.com.
Step Two: Notify Us
When your stock or mutual funds are transferred to our account, we do not receive any information identifying you as the donor. Making sure that all donations are properly accounted for and acknowledged is very important to us, so please email firstname.lastname@example.org or call 908-879-4039 ext. 113 either before or after donating securities and provide us with your name and address, name of the stock, and the number of shares.
TO MAKE A QUALIFIED CHARITABLE DISTRIBUTION (QCD):
Your QCD must be made directly from your IRA custodian to Cancer Hope Network on your behalf. Each financial institution has its own process for initiating a QCD, so please notify us of your intent to give and follow your financial institution’s forms and procedures to ensure that you receive any tax benefits that may be associated with your gift.
TO MAKE A GIFT FROM YOUR DONOR-ADVISED FUND:
Please click HERE to contribute to Cancer Hope Network from your Donor Advised Fund using DAF Direct.