The Natural Resources Council of Maine welcomes gifts of securities to support our mission to protect and restore Maine’s environment.
Gifts of appreciated securities may result in: 1) capital gains tax savings, 2) creating an income tax deduction, and 3) removing this asset from your estate for estate tax purposes. Gifts of appreciated securities have a potential federal income tax deduction of up to 30% of the adjusted gross income of the donor with a 5-year carry forward of any excess. You can transfer securities electronically, via DTC (Depository Trust Company).
Donors may transfer shares electronically by providing their brokers with this information:
Charles Schwab & Co., DTC#0164
For further credit to the account of
Natural Resources Council of Maine, #8519-4666
NRCM’s taxpayer ID number is 01-0270690
It's always helpful to NRCM to know that a gift of stock is coming in order to track it appropriately.
When you have made a gift of stock or if you have questions, please contact support@nrcm.org to have your inquiry directed to a Philanthropy staff member.
