Donating Stock and Securities
Donating appreciated stocks, securities, mutual funds, or bonds to KBCS can put a boost in your year-end tax deduction. At the same time, you may be able to avoid capital gains taxes. In some cases it may even be financially advantageous to donate depreciated securities.
When you initiate the transfer, please contact KBCS Membership Director, Ben Brandow at 425-564-6162 or email firstname.lastname@example.org to let us know the number of shares and the ticker or stock name. That allows KBCS to match it up as your gift when it arrives. All transfers come through anonymously, and that can be a challenge. Your e-mail also provides a record for our auditors to demonstrate why the shares received are assigned specifically to KBCS.
Stock delivery instructions are as follows:
Delivery to DTC Clearing 0164, Code 40
Charles Schwab & Co., Inc.
For the Account of Schwab A/C#: 3156-7858
F/F/C Client Name = BELLEVUE COLLEGE FOUNDATION”
For more information about donating securities to KBCS we encourage you to consult with your financial adviser. While we do not offer tax advice, please feel free to contact Ben Brandow at 425-564-6162 or email email@example.com for questions about your donation.
KBCS is a service of Bellevue College and shares a tax id number with Bellevue College Foundation. That tax id number is: 91-1051671.