Cathedral State Park (Preston County, West Virginia)

Make a bigger impact: Donate stock

Many of our most ardent donors are choosing the gift of stock as their way to make a greater impact on protecting old-growth forests while saving significantly on their taxes. 

A donation of appreciated stock can be up to 20% more valuable than selling and donating the cash, allowing you to help expand the Old-Growth Forest Network even further and save on your taxes.

Read below for more information on the benefits of donating stock and how to start your stock transfer today.

  • Avoid capital gains tax*

    Gifting stock avoids federal capital gains tax and most donors can also claim an income tax deduction for the stock's full market value (state & local income tax deductions may also be available in some areas).

    You must have owned the stock for at least a year

    Make a bigger impact

    When you give appreciated stocks directly to the Old-Growth Forest Network, your gift can be up to 20% larger because you avoid the taxes you’d incur from selling and donating the cash. This means more money going to the work of protecting old-growth forests.

  • Jane lives in Maryland and owns 100 shares of XYZ stock that she bought for $40/share more than a year ago. The stock is now worth $100/share. Jane wants to donate $1,000 to the Old-Growth Forest Network. She can donate 10 shares of the stock, worth $1,000. She will pay no capital gains tax or MD income tax on the $600 of appreciated value of the 10 shares. In addition, if Jane itemizes deductions, she can deduct the full $1,000 value of the 10 shares.

    If Jane sold the stock instead, she would have to pay Federal capital gains tax and MD income tax on the $600 of appreciated value, leaving her with much less than $1,000 in cash to donate.

    *The information here is provided for educational purposes only. The specifics of any deduction allowed will depend on your unique circumstances. Please confer with a tax professional to confirm your personal tax benefit potential. 

Stock Transfer Directions

Please initiate all stock donations with your broker and consult them to ensure that the stock is eligible for electronic delivery over the Deposit Trust Company (DTC) system (this is the fastest, most secure, and cost-effective method of donating securities).

You can also donate appreciated stock through a Donor Advised Fund (click here to learn more).

  • Inform us of your intentions by filling out this form, contacting us directly at kayla@oldgrowthforest.net and sarah@oldgrowthforest.net, or leave us a voicemail at (404) 585-0329.

    Reason? When stock is transferred into the Old-Growth Forest Network’s brokerage account, you may not be identified as the donor. We simply know stock has arrived in our account. This means we cannot tie your generous gift to you.

  • Make arrangements with your broker to transfer stock to the Old-Growth Forest Network. They will need this information to begin the transfer:

    • Account name: Old-Growth Forest Network, Inc. (Tax ID # 45-4115570)

    • Account number: 1519-4498

    • DTC Number: 0075

    • Receiving firm name and address:
      Wye Financial & Trust, LPL Financial
      Attention: Tom Saxon
      16 North Washington Street, Easton, MD 21601
      (410) 763-8543
      Tom.Saxon@wyetrust.com

  • Please contact us directly when the stock transfer is complete. This way we can track it and let you know when it’s received.

    Contact: kayla@oldgrowthforest.net and sarah@oldgrowthforest.net, or leave us a voicemail at (404) 585-0329.

  • When your stock donation is received in our brokerage account, we will personally thank you for your generous gift and send you a formal acknowledgement letter of your donation for your tax records.

    **If you do not hear from us about your gift, please reach out to us ASAP so we can make sure it was received and the gift was tied to your name.

    Contact: kayla@oldgrowthforest.net and sarah@oldgrowthforest.net, or leave us a voicemail at (404) 585-0329.

Have questions? Your tax advisor or financial advisor should be able to discuss your personal situation. If you need assistance informing us of your intentions contact Kayla Green, Development Director, at kayla@oldgrowthforest.net or leave us a voicemail at (404) 585-0329. We will contact you promptly.

*The information here is provided for educational purposes only. The specifics of any deduction allowed will depend on your unique circumstances. Please confer with a tax professional to confirm your personal tax benefit potential. 

Old-Growth Forest Network is a 501c(3) organization, and your donations are fully tax-deductible.
Our tax ID number is 45-4115570.

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