Give Stock or Other Securities

About Gifts of Stock

Donating appreciated stock and securities is a savvy way to increase your support for youth development in New York City, allowing you to possibly avoid capital gains and receive a tax deduction.

You can donate shares of stock directly to New Life of NYC or liquidate the stock into a Donor Advised Fund (DAF) and issue grants to nonprofits from that account.

In addition to receiving a charitable deduction for the full, fair market value of such a gift, you do not pay any potential tax on the capital gains or any sales commission that would be payable upon the sale of the assets.

Many supporters choose to take advantage of this tax-smart way to support the causes they care about most.

Make a Gift of Stock to New Life of NYC

Step 1

Seek advice from your financial or legal adviser to determine if a gift of stock is right for you and understand the relevant guidelines for tax benefits.

Step 2

Once you are ready, contact our team at [email protected] or (212) 780-5940 ext. 1002 for information on how to transfer securities or funds electronically. 

Please provide the following information:

  • Your name, email, phone number, and full mailing address
  • Name a number of securities to be transferred (issuer, type, and security symbol)
  • Date and intended dollar amount of transfer

We will send you detailed instructions on where the funds should be sent. 

Step 3

Once New Life of NYC receives the gift of stock through your financial institution, you will receive a confirmation acknowledgment.

Have Questions?

Contact our team at [email protected] or (212) 780-5940 ext. 1002.

Please note: This information is not tax or legal advice. Please consult with your legal and financial advisers to learn how a gift of stock would work in your circumstances.