Individual Giving and Gifts of Stock

Matching Gifts
More than 1,000 companies and foundations in the United States currently match their employees’ gifts to non-profit organizations such as Centrum. Under a corporate matching gift program, cash gifts, or gifts of volunteer time from a company’s eligible employees, are matched with company or corporate foundation funds. It all adds up to a great way to increase your contributions and receive more benefits at no additional cost to you!

Here are just a few of the companies that match their employees’ gifts.

Stock Gifts

Tax Advantages

Under current tax laws, the full fair market value of stocks and bonds – up to 30% of adjusted gross income this year with a five-year carryover for any “excess” – may be deducted. The extra benefit of making a gift of long-term appreciated stocks or bonds is that federal capital gains tax on the securities’ unrealized total appreciation may be totally avoided. You are, in effect, allowed to use the “paper profits” in your investment to reduce the amount of income tax you would otherwise owe.

Valuation

The value of your gift of securities is based upon the mean between the high and low quotations on the day your securities pass from your control.

Mechanics

If you have a broker, contact your broker and determine the stock and the number of shares you would like to contribute.

If you have the stock (the physical certificate), a sample stock or bond power assignment will safeguard the delivery of your securities to Centrum. For safety reasons, you do not want to endorse the certificate and mail it. When the certificate is endorsed, it is negotiable by whoever has possession. The stock or bond power assignment replaces the signature on the certificate. You should never send the certificate and the power assignment in the same envelope. As always, we urge you to contact your tax advisor about how these rules apply to you.

Tax ID and Stock Transfer Information

Centrum Foundation
Non-profit organization under section 510 (c) (3)
Tax ID Number: 23-7348302
Please ask your broker to put your name in the delivery instructions (last name first, in the event that the instructions do not get transmitted in their entirety.) And please also let us know you have made a gift to Centrum: kclemens@centrum.org.
For transfer of stock, please contact:

Brock Tidball 360-385-2243 or,
Edward Jones
2500 Sims Way, Suite 202
Port Townsend, WA 98368

Toll free 888-385-2246
Fax 800-230-4814

DTC # 0057
For credit to Jones account #888-14426-1-3

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