Gifts of Stock

Donating appreciated stocks, bonds, or mutual funds is a meaningful and tax-efficient way to support FamilyMeans.

By donating securities that have increased in value, you may be able to avoid capital gains taxes while also receiving a charitable income tax deduction for the full fair market value of the gift, as allowed by law.

According to IRS guidelines, the date and value of your gift are determined by the date FamilyMeans takes control of the securities.

Before You Transfer Securities

To ensure your gift is properly identified, acknowledged, and directed according to your wishes, please contact FamilyMeans before initiating a transfer. We will request your name , mailing address, name of security being transferred, approximate value or number of shares, and intended purpose or designation of the gift.

Contact Melena Nord,Director of Development & Communications, at 651-789-4029 or mnord@familymeans.org.

 

Transfer Information

Legal Name: FamilyMeans

Address: 1875 Northwestern Avenue South, Stillwater, MN 55082

Tax Status: 501(c)(3) Nonprofit Organization

EIN: 41-6045574

Brokerage Information

FamilyMeans works with Lake Elmo Bank Trust & Estate Services to accept gifts of stock. Brokerage services are provided through Cetera Investment Services.

Cetera Investment Services, 400 First Street South, Suite 400, St. Cloud, MN 56302

DTC Number: 0701

For technical questions regarding the transfer process, please contact:

Rita Shepard
Lake Elmo Bank Trust & Estate Services
651-748-4806
rshepard@lakeelmobank.com

 

Tax Information

FamilyMeans is a 501(c)(3) nonprofit organization (EIN: 41-6045574). Contributions are tax-deductible to the extent allowed by law.

 

Questions or Ready to Get Started?

Whether you are considering a stock transfer, would like assistance with transfer instructions, or have questions about gift designations, we would be happy to help.

Please contact Melena Nord, Director of Development & Communications at 651-789-4029 or mnord@familymeans.org.