Donating appreciated stocks that you have held for more than a year may provide benefits for the Kids' Book Bank and for you!
Potential Benefits of Donating Stocks
The Kids' Book Bank can receive the full benefit of the appreciated stock's current market value.
You, as the donor, may be able to avoid capital gains taxes on the appreciation.
If you itemize deductions on your taxes, you may be able to write off the fair market value of the stock.
The donation may help push you over the itemization threshold.
Disclaimer: This content is for informational purposes only and does not constitute tax advice. To determine how these benefits apply to your specific situation, please consult with a qualified tax professional.
The Kids' Book Bank has partnered with Carnegie Investment Counsel to make stock donations easy.
Fill Out the Form Below
Start the process by filling out the form below.
Look for a call
A registered advisor from Carnegie Investment Counsel will get in touch with you to guide you or your financial advisor through the donation process.
Receive Your Receipt
Upon transferring your stocks, you will receive a receipt for your records and tax purposes.
Transform Lives
Your generosity will provide free books and boost literacy for kids in the Greater Cleveland area, making a lasting impact on their lives and our future!
Complete This Form to Start the Stock Donation Process
Donate Stock to Kids' Book Bank
*Rest assured, we respect your privacy and will only contact you regarding this donation. We do not share or sell your information. You do not need to be a client of Carnegie to make a donation of stock.
Carnegie Investment Counsel (“Carnegie”) is a registered investment adviser under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply a certain level of skill or training. For a more detailed discussion about Carnegie’s investment advisory services and fees, please view our Form ADV and Form CRS by visiting: https://adviserinfo.sec.gov/firm/summary/150488.
