By donating appreciated securities to SMCI, you can avoid the capital gains tax you would have paid if you had sold the asset. If you have owned the securities for longer than one year, you will also receive an income tax charitable deduction for their full fair-market value.
To make a gift of appreciated securities to SMCI, have your broker/financial consultant contact Charles Schwab at 800-435-4000 and provide the following information:
Beneficiary: SMCI (Solve ME/CFS Initiative)
DTC #: 0164
Account #: 5553-8027
SMCI Tax ID: 56-1683450
Solve ME/CFS Initiative
5455 Wilshire Boulevard, Suite 1903
Los Angeles, CA 90036
We want to make your gift-giving as smooth and seamless as possible. Please contact Carolyn Mayo, SMCI’s Director of Development when you intend to transfer securities and provide her with your name, the name of the stock being transferred and the number of shares. Carolyn can be reached via email at firstname.lastname@example.org or by telephone at (704) 364-0016 ext. 207.