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Ways to Give

SMCCCF Home Ways to Give Gifts of Stock & Securities

Gifts of Stock & Securities

How to Donate Publicly-Traded Stock

To make a gift of stock, follow these simple steps:

  1. Contact your broker and let them know you'd like to donate shares to the San Mateo County Community Colleges Foundation.
  2. Provide your broker with the following transfer details:
    • Brokerage DTC: 0062
    • Firm Name: Vanguard
    • Account Name: San Mateo County Community Colleges Foundation – Money Market
    • Account Number: 55692799
    • Reference: [Fund Name]

3. Notify us of your gift. (Transfers often arrive without identifying information. To ensure we can properly credit and designate your gift, please contact us in advance.)

Tax Receipt Information

Your donation amount is the average price on the date the transfer of ownership of the stock took place. The tax code requires charities to acknowledge the number and issuer of the shares and the date the transfer of ownership was completed. Valuing the gift is the responsibility of the donor. Please consult your tax advisor for more information on your deduction. This contribution may require Form 8283 be filed with the IRS.

Please consult your tax advisor to understand how a gift of stock may apply to your personal tax situation.