Many individuals choose to make donations of stock, given the availability of income tax deductions for charitable contributions and capital gains tax savings. As long as the securities have been held for at least one year and the alternative minimum tax is not applicable, donors will receive a deduction equal to the full market value of the securities and avoid capital gains tax usually incurred in selling appreciated securities.
To donate securities held by your broker, please instruct the custodian to do the following:
1. Specify, in writing, the securities they wish to donate to the Rainforest Alliance. Contact Terry Quigley at JP Morgan Securities, who will instruct them to transfer the securities to the Rainforest Alliance account:
Terry Quigley JPMorgan Securities (firstname.lastname@example.org)
Phone: 212-272-5033 | Fax: 212-272-5042
277 Park Ave, 2nd Floor New York, NY 10172
For benefit of Rainforest Alliance: Account number: 225-50281 | DTC number: 0352 | Tax ID: 13377893
2. Contact Courtney Olsen at the Rainforest Alliance with the name of the donor, the donor’s contact information, the value of the stock at the time of the transfer, the number of shares transferred, name of the stock, and expected date of transfer. We also request the custodian to send a confirmation letter or email of the transfer along with any relevant documentation to:
Courtney Olsen Rainforest Alliance (email@example.com)
233 Broadway, 28th Floor New York, NY 10279
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