Donating Stocks & Securities

Donating stock that has appreciated in value may be a tax-wise way for you to support the American Red Cross of Greater Columbus. First, you receive a tax deduction for the full market value of the securities as long as you have owned them for at least one year. Second, you avoid the capital gains taxes that you would owe if you sold these securities.

STOCK GIFTING PROCEDURE

For Stock Held in a Brokerage/Custodial Account
Tell your broker you would like to donate stock and decide which shares to sell. Your broker will then arrange for an electronic transfer. You will need to provide your broker with the following information about the American Red Cross of Greater Columbus’ account:

Smith Barney Citigroup
Contact: Mary Ko
Phone: (614) 798-3217
Account Name: American Red Cross of Columbus
Account Number: 229-01864-1-6-175
DTC Number: 0418

For Stock in Donor’s Name in Paper Certificate Form
Please contact the Financial Development office at (614) 253-2740 ext. 2427 and we will work with you directly to guide you through the process.

Notification of Donor Intent
Regardless of the method chosen to deliver a gift of stock, the donor or the transferring broker must provide the following information to the American Red Cross of Greater Columbus to ensure that you receive the appropriate acknowledgement for your tax filings and recognition for your generosity.

• Your name and complete address
• The company name and number of shares of securities being transferred
• Date of the transfer
• The designation, if any, of your gift

Contact Us
American Red Cross of Greater Columbus
Attn: Financial Development
995 East Broad Street
Columbus, Ohio 43205
Phone: 614-253-2740 ext. 2427