Gifts of Stock

We are able to accept gifts of stock. Gifts of stocks can be especially advantageous if held longer than one year, since you avoid paying capital gains tax. You would also receive an income tax deduction for the current market value of the gift. You may deduct gifts totaling up to 30% of your adjusted gross income in any year, with a five-year carry-over for any excess. When we receive a stock donation, the name of donor is not always included. Please contact us if you have donated a closely held stock. This will allow us to acknowledge your donation in a timely manner.

If you hold stocks with a broker, you may transfer the securities electronically by instructing your broker to send the securities to our account at:

Morgan Stanley
Account Name: Pacific Youth Choir
Account Number: 181-036827-097
DTC # for Morgan Stanley: 0015

In order to facilitate the transfer and acknowledgment of your stock gift, please notify us of your name, the name of the stock and the number of shares being donated before you transfer the stocks.