Take Stock!
Did you know you can donate stock to a worthy cause? Well, you can and it’s a great way to benefit a cause and avoid capital gains tax if your stock is worth more now than when you bought it.
You can call or write to your broker, and ask your broker to initiate a "broker to broker" transfer. You would instruct your broker to donate the stock directly to United Way of Pierce County.
The United Way would provide you with the name of their brokerage firm, the brokerage firm’s DTC number, the account name and number, and the telephone number and name of their broker contact at the firm.
Your broker can then transfer the securities directly to the United Way's account. It is important that the securities be transferred to United Way's account prior to being sold in order to avoid capital gains taxation.
If you have any questions about donating stock, please get in touch with Pete Grignon, Chief Financial Officer at 253-597-7486 or peteg@uwpc.org, or you may contact Annie Frisbee, Chief Development Officer at 253-597-7318 or annief@uwpc.org.
Start your stock donation to United Way Worldwide by filling out the form below. You will receive a follow up email with further instructions.