Donate Stock to United Way of Lancaster County
Donating appreciated stock is a simple and tax-efficient way to support your community while potentially maximizing your giving power.
Potential Tax Benefits
When you contribute stock, you may be eligible for key tax advantages:
- Charitable deduction: Taxpayers who itemize may be able to deduct the fair market value of the gifted stock from their adjusted gross income.
- Avoidance of capital gains tax: In many cases, donors can avoid capital gains tax on the increase in value between the original purchase price and the fair market value at the time of donation.
How to Give
If your securities are held in “street name” (held electronically by your broker rather than as physical certificates), please instruct your broker to complete a direct transfer (“broker-to-broker” transfer) to United Way’s brokerage account.
Once received, United Way of Lancaster County will liquidate the stock and apply the proceeds to support our mission.
For assistance or transfer instructions, please contact us at 717-824-8123.
Gift Valuation & Acknowledgment
- The official date of your gift is the date the stock is received by United Way of Lancaster County (or its brokerage account).
- The value for tax purposes is determined using the mean of the stock’s high and low trading price on that date.
- United Way will provide a written acknowledgment including the effective date and valuation for tax reporting purposes.
Brokerage Information
- Broker: Morgan Stanley
- Contact: Steve Kepchar — (717-519-3224)
- DTC Number: #0015
- Account Name: United Way Campaign of LancCo.
- Account Number: 613041167
- EIN: 23-1352093