You may contribute stocks, bonds or mutual funds and enjoy a tax deduction equal to the current market value of the donated asset, regardless of its original cost basis. This way, you benefit from your income tax deduction while the gift prevents possible capital gains tax. All gifts of securities are sold in a timely manner by the Fund's broker.
Gifts of securities may be made in three ways.
- Through a broker
- Via mail
- By hand
Through a broker
A donor may direct his or her stock broker to transfer specific securities via our agent:
Spencer Brush, Senior Vice President
Morgan Stanley, Inc. - DTC #015
101 California Street, 3rd Floor
P.O. Box 7805
San Francisco, CA 94120
ph: 415-693-7017
fx: 415-693-6095
The Fund's account number at Morgan Stanley is 101-165116-223. Most brokers require written instructions from their clients.
In order to recognize the donor and the gift, the Fund needs to be informed directly about the transaction; otherwise, the gift will be listed as anonymous. Please contact the Fund at 800-469-7275 or 415.434.1782.
By mail
A donor may send the stock certificate via registered mail to:
The Yosemite Fund
155 Montgomery Street, Suite 1104
San Francisco, CA 94104
ph: 1-800-469-7275 or 415-434-1782
fx: 415-434-0745
The certificate should be endorsed to "The Yosemite Fund" and signed by the owner(s) identified on the front of the certificate. No signature guarantee is necessary because a properly endorsed certificate cannot be transferred to another party. The Fund forwards these gifts to its broker.
By hand
A donor may deliver an endorsed stock certificate directly to the Fund. Prior arrangements should be made with either President Bob Hansen or Development Director Amy Arends.
The donor should be sure the Fund is advised of the intended purpose of the gift at the time the gift is made. The Fund's tax identification number is 94-3058041.