Gift Valuation and Tax Benefits

Your gift of stock needs to be made by Dec. 31 in order for you to receive tax savings for the year. Your stock gift will be valued at the median market price on the day of the gift.

Benefits of Giving Stock

Making a gift of stock is one of the easiest ways to support CaringBridge. Benefits include:

  • Receiving an income tax deduction
  • Avoiding capital gains payment
  • Advancing the work of CaringBridge

make a gift of stock

Contact your broker with instructions to initiate a broker-to-broker transfer.

Provide them with the CaringBridge electronic transfer information:

Account Name: CaringBridge A Nonprofit
Organization Account #: 23351027
DTC #: 0725
Tax ID #: 42-1529394
Raymond James 880 Carillon Park way St. Petersburg, FL 33716
Contact Information: Michael McDonald, 651-450-5155

Make sure you let us know you’ve made this generous gift.  Once you’ve initiated your transfer, please notify the CaringBridge development team so that your gift can be properly acknowledged and identified in our brokerage account. Please complete the online stock transfer form and return it to CaringBridge.

If you prefer to make a stock gift in certificate form,
please call the CaringBridge development team.