Make a gift of stocks, bonds or mutual funds to the Save the Redwoods League, and you may gain a double tax benefit—in addition to the satisfaction of preserving places of serenity and majesty.
Gifts of appreciated securities held more than a year—whether outright or to fund a deferred gift—may entitle you to a double tax benefit: You may not recognize a capital gain on the transaction and may take a current income-tax charitable deduction for the full fair market value of the asset (up to 30% of adjusted gross income, with a five-year carryover of any unused deduction).
Please follow these instructions. Donors will receive a formal acknowledgment and tax substantiation.
1. Please call Paige McKerral-Burnett, Support Services Manager, at (415) 362-2352, or e-mail pmckerral-burnett@savetheredwoods.org, or mail a letter to Save the Redwoods League, 114 Sansome Street, Suite 1200, San Francisco, CA 94103-3823, and provide the following:
2. For stock to be delivered via wire transfer, please provide the information requested under item 1 above, and please wire funds to Salomon Smith Barney:
DTC #0418 Citigroup Smith Barney
For A/C of Save the Redwoods League
Account # 546-30947-1-3-086
Phone (415) 984-6615
Attn: Susan Spaugh
3. For stocks to be delivered in certificate form, please provide the information requested under item 1 above, and mail stock certificate (do not endorse) to:
Save the Redwoods League
114 Sansome Street, Suite 1200
San Francisco, CA 94104-3823
Send by separate envelope:
PLEASE NOTE: Save the Redwoods League recommends consulting an attorney when preparing legal documents. LEGAL AND TAX ADVICE: Save the Redwoods League cannot render tax or legal advice, and this information is not intended as such. We recommend that you work with qualified financial and legal advisors.
The Federal Tax ID number for Save the Redwoods League is 94-0843915.