Donate Stock
Why Should I Donate Stock?
Making a gift of securities is simple and offers a number of valuable financial benefits:
- No capital gain to be recognized
- Full value of stock is tax deductible
- Stocks, Bonds and most Mutual Funds are accepted
Please note: We may not be able to accept some mutual funds directly into our account. If you wish to make a gift of mutual funds, please contact us.
How to Donate Stock – Two Easy Steps
Step 1) Notify Buffalo City Mission
To confirm the proper crediting of your stock donation, please contact us or have your broker contact us to notify us that the transfer is underway.
Step 2) Transfer Stock
- Buffalo City Mission Broker: UBS
- Financial Consultant: Jason Klein
- Account Name: City Mission Society, Inc.
- Account Number: WW 07332 JK
- Contact Phone Number: 716-630-3045
- Email: [email protected]
- DTC #: 0221
- DTC Text Box: Aubrey Calhoun, Associate Executive Director: 854-8181 ext. 401 or email: [email protected]
IRA Gifts
These two easy steps could help you change lives and save on your taxes.
Are you 72 years old or older? If you are, you can make a life-changing gift from your IRA account to the Mission and potentially save on your taxes!
Gifts of up to $100,000 per year that are made from your IRA to a qualified charity like the Buffalo City Mission may not be considered taxable income, and may qualify for your required minimum distribution (RMD), which could lower your income and taxes.
How to Donate from Your IRA
Step 1) Notify Buffalo City Mission
To confirm the proper crediting of your IRA donation, please contact us to notify us about your donation.
Step 2) Provide direction to your custodian/financial institution
Completing your IRA donation is easy. Simply download this IRA donation letter of intent, and send it to your IRA Custodian or financial institution.
