Stock Donations
Thank you for your interest in making a stock contribution to North Way!
Donating stock is a simple and straightforward process. Many times, donating stock may be easier and potentially carry tax benefits compared to donating cash.
You may want to consider donating stock if you:
- Have held stock for a long period of time or have stock holdings that have greatly appreciated (potential to eliminate capital gains tax).
- Itemize your deductions (provides a tax deduction on your tax return for the full market value of the stock).
Please contact your financial advisor or brokerage firm to initiate the transfer. Below is the brokerage information for North Way they will need to complete the transfer.
Charles Schwab
Account Name: North Way Christian Community
(EIN: 25-1392339)
Account Number: 7084-7103
DTC: 0164
Stock Donation Process
To begin the process at North Way, please complete the form below. This helps us identify your gift when it arrives and ensures proper allocation.
After the transfer is received, we will send you an acknowledgment letter for your records. Per IRS regulations, the letter will describe the gift received but will not state a value; your brokerage will provide the official market value for tax purposes.
Are you holding physical certificates? Still unsure on how to donate stock? Have additional questions? Please feel free to contact Finance at 724.964.2158 or send an email to stock@northway.org.
Thank you again for your generosity to North Way.