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Donate Stock to the Kids' Book Bank

By donating stock to the Kids' Book Bank, you help foster empathy and fuel imaginations through the power of literacy. 

Kids Book Bank Donate Stock-1

What are the benefits of donating stocks?

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. 


Getting Started Is Easy!

The Kids' Book Bank has partnered with Carnegie Investment Counsel to make stock donations easy. 

Submit the Form

Fill Out the Form Below

Start the process by filling out the form below.

Phone Call

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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.

Get Receipt

Receive Your Receipt

Upon transferring your stocks, you will receive a receipt for your records and tax purposes.

Kids Get to Read!

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. 

Questions? 

For questions, contact Natalie Friedl, Executive Director, at natalie@kidsbookbank.org

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Together, we can inspire a lifelong love of reading and learning by providing free books to kids in the Greater Cleveland area.

 

Make a gift of appreciated stocks today!

©2024 Carnegie Investment Counsel.

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.