Give a Gift of Stock

Transferring securities held long term to the Independent Institute allows you to make a gift and receive a charitable deduction equal to the full, fair market value of the securities. You pay no capital gains on your gift and neither does the Institute.

The best method of transferring these assets is to contact your broker and electronically transfer the stock from your account to the Independent Institute’s account at Wells Fargo Advisors. Avoid selling the assets and then making a gift of the proceeds, because this will trigger a capital gains liability for you.

In order for the Independent Institute to acknowledge your gift and provide you with an IRS receipt, please take the following steps:

1. Contact our Development Manager by email or by phone at 510-632-1366 ext.152 and let us know that you would like to make a gift of stock.
   
   
2. Provide your name, your phone number, the name of the stock you are giving and the number of shares (e.g. 20 shares of Apple)
   
   
3. Call your broker with the information below and ask your broker to contact Wells Fargo Advisors:
   
   Name: Wells Fargo Advisors
   Contact: Connie Dutton
   Email address: connie.dutton@wfafinet.com
   Phone: 316-260-3871
   Fax: 316-260-1417
   Independent Institute Account: 6109-9372
   DTC Number: 0141