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 The Heritage Foundation is to contact your broker and electronically transfer the stock from your account to Heritage’s account at Truist 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:

Steps:

  1. Contact The Heritage Foundation’s Membership Office at (800) 546-2843 to let us know that you would like to make a gift of stock.
  1. Provide the following information to our representative:
    • Full name
    • Phone number
    • Zip Code
    • Stock name
    • Amount of shares
  1. Call your broker with the information below and ask your broker to contact Truist Bank.

Truist Bank Contact Information:

Name: Truist Bank
Contact: Laura Galaida, Client Manager
Address: 1445 New York Avenue, NW 4th floor
Washington, DC 20005
Phone: 202-661-0741
Fax: 801-565-2926
DTC Number: 2039 (Truist clears through SEI Trust Company)
FFC Truist Bank a/c: 11188
Heritage Account: 7040831

When selecting a recurring donation, The Heritage Foundation will process this donation every month on the day of the month that you set up the recurring gift in the amount that you specify using the method of payment that you identified. You can cancel or change this donation at any time by contacting us at 1-800-546-2843. This authorization shall remain in effect until you notify The Heritage Foundation and Heritage has had reasonable time to act on it. A record of each debit will appear on your bank statement. You have the right to instruct your bank to reverse any and all debits.