Alex's Lemonade Stand Foundation gratefully accepts stock donations through Charles Schwab. Potential benefits include:
- Avoid paying capital gains tax
- Receive a charitable income tax deduction
To help you facilitate a gift of stock, please use the following simple steps:
Step 1 - Initiate the Stock Transfer
Securities can be gifted to the Alex’s Lemonade Stand Foundation in two ways: either via electronic transfer (in which your broker transfers shares using the Alex's Lemonade Stand Foundation DTC number) or by physically mailing the paper certificates to ALSF. Either method is acceptable, but it is necessary for you to contact your broker to initiate an electronic transfer.
To mail physical certificates please contact Jay Scott, [email protected] to get instructions and the paperwork necessary.
Step 2 - Send the Securities to Alex's Lemonade Stand Foundation
To Send Electronically
Ask your broker to transfer the stock to the ALSF Charles Schwab account using the below information.
DTC Number: 0164 Code 40
Account Name: Alex’s Lemonade Stand Foundation (Tax ID# 56-2496146)
Account Number: 6200-5257
When making a transfer of stocks or securities, fill out this confirmation form so we can confirm the transfer and deliver a tax deduction receipt. If you have questions, please email Jay Scott at [email protected] .