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Sundays at 11 am
133 Popham Road, Scarsdale, New York 10583-4327
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Scarsdale Friends Meeting

The Religious Society of Friends (Quakers)

 

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People talk about revelation, and say it has ceased; but what ignorance it bespeaks, when man knows not the least thing on earth without revelation.    - Elias Hicks

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Contributing Stocks PDF Print E-mail

From time to time Friends and attenders have found it convenient to donate publicly traded stocks to the Meeting instead of cash.

If the stock has appreciated in value from when it was purchased, those who donate such stock get full credit for the value of the stock at the time of the gift as a charitable donation on their federal and state tax returns.  They also avoid having to pay any capital gains tax on the appreciated value this stock.

To make such a gift, simply instruct your broker in writing to transfer the stock or stocks in question to the brokerage account with Citizens Investment Services that the Meeting maintains for just this purpose.  Your broker will need the following information about our account, Account name: Scarsdale Friends Meeting Account number: Please contact us for this.

Please send a copy of your letter of instruction to your broker to Alice Clague, Treasurer, Scarsdale Friends Meeting, 133 Popham Road, Scarsdale, NY

If you have any questions about this process, please do not hesitate to contact me, Elin Waring, at 718-885-1115 elin.waring at gmail.com

Elin Waring
Clerk, Finance Committee