If you own stock or a mutual fund that has appreciated in price since you purchased it, consider using that asset for your charitable giving. You will get an income tax deduction for the full market value of donated securities that you have owned more than one year and you will avoid the capital gains tax on the appreciated value.

To transfer securities to CSCVVSB, your broker needs the following instructions to electronically transfer your stock to Cancer Support Community Valley Ventura Santa Barbara:

Electronic Delivery through Depository Trust Company (DTC)
Cancer Support Community VVSB
Fidelity Account #Z73046817
Delivery to DTC Clearing 0226

Important Notes

  • To take advantage of the tax benefits of gifting stock, your shares should not be sold but rather transferred to the Cancer Support Community VVSB.
  • Please instruct your broker to include your name and address.  Some brokers will not send this information unless instructed.
  • Please notify us of your donation so we can identify your gift in our brokerage account.  You can call us at 805-379-4777 or email Suzanne Drace, Interim Executive Director at sdrace@cancersupportvvsb.org.

Securities as Physical Certificates

You should send the stock certificates(s) along with a transmittal letter by certified mail to:
Suzanne E. Drace, Interim Executive Director
Cancer Support Community VVSB
530 Hampshire Road
Westlake Village, CA 91360

Please also sign the back side of the certificate with a signature guaranteed by a guarantor institution such as a commercial bank.  Gift date will be the postmark date of the mailing.

 

By partaking in a donor-advised gift, you are helping us carry out our mission to ensure that all people impacted by cancer are empowered by knowledge, strengthened by action and sustained by community.