Make a gift of stock to Heritage
Transferring securities held long term to The Heritage Foundation allows you to make a gift and receive a charitable deduction equal to the full, fair market value of the securities. You pay no capital gains on your gift and neither does Heritage.
The best method of transferring these assets to Heritage is to contact your broker and electronically transfer the stock from your account to Heritage’s account at SunTrust Bank.
Avoid selling the assets and then making a gift of the proceeds, because this will trigger a capital gains liability for you. In order for Heritage to acknowledge your gift and provide you with an IRS receipt, please take the following steps:
Call The Heritage Foundation’s Membership Office at (800) 546-2843 and let us know that you would like to make a gift of stock.
Provide your name, your phone number, the name of the stock you are giving and the number of shares (e.g. 20 shares of Microsoft)
Call your broker with the information below and ask your broker to contact Sun Trust Bank.
Name: Sun Trust Bank
Contact: Laura J. Deming
Address: 1445 New York Avenue, NW Washington, DC 20005
DTC Number: 2039
Further Credit: SunTrust Bank A/C# 11188
Additional Further Credit: Heritage Foundation A/C# 7040831
The Heritage Foundation is a 501(c)(3) charitable organization and charitable contributions are tax-deductible for income, gift and estate taxes. Our federal tax identification number is 23-7327730. State Registration Disclosures