We are now accepting donations of shares in publicly traded companies. Please see our brokerage account details below.
ACCOUNT HOLDER NAME AND ADDRESS:
Sri Vidya Temple Society Foundation
6980 East River Rd
Rush, NY 14543
PHONE: (585) 533-1970
BROKERAGE NAME: Charles Schwab (DTC number 0164)
ACCOUNT NO: 6404-6996
Please be sure to also fill out the Donation Tracking Form so that we know to expect your donation.
Our policy is to liquidate stock as soon as it is received. The value of the donation will be recorded in your donor account as the fair market value of the shares on the day we receive them in our brokerage account. Kindly note that since the transfer process can take a few business days, the final value of the donation will likely differ from the market value at the time of initiating the transfer.
While there are tax benefits to donating stock, we are unable to provide any specific guidance. Kindly check with a tax consultant before making the donation to understand the tax implications.