It is very easy to transfer stocks as a gift to Meals on Wheels San Diego County. The IRS allows you to make a transfer of appreciated stock to a non-profit organization without recognizing capital gains on the appreciation.  You must use publicly-traded stocks, bonds or mutual fund shares and you must have held these for more than one year. This allows you to not only make a gift to Meals on Wheels, but receive an additional tax benefit. In essence, you can make a larger donation than you could make with cash and receive a larger tax benefit.

A gift of appreciated securities may be right for you if:

  • You want to diversify your assets without having to pay the capital gains taxes that would result from the sale of appreciated stocks, bonds or mutual funds
  • You are holding stocks, bonds, or mutual fund shares for more than a year and they have increased in value
  • You want to make a gift that does not affect cash flow or liquidity

NOTE: Please check with your tax advisor and plan ahead when selling or transferring ownership of stocks and/or mutual fund shares. Timing is critical to ensure you receive tax credits as intended. Sale date, transfer date, post marked date (if mailed via U.S. Postal Service), or date of receipt by Meals on Wheels San Diego County, (if shipped) may affect year of credit eligibility. Mutual funds are valued at the “net asset value.”

Please send your stock sale/transfer information to:

Meals on Wheels San Diego County
Attention:  Matt Topper
2254 San Diego Ave., Suite 200
San Diego, CA 92110

 

Non-Discrimination Policy Statement for Programs and Services
Meals on Wheels San Diego County, has a policy of non-discrimination in all programs and services. No one shall be excluded on the basis of race, color, national origin, sex, sexual orientation, religion, age, marital status, veteran and military status or disability unless required by the eligibility guidelines for services.

Donor Privacy Policy
Meals on Wheels San Diego County does not sell or distribute donor information in any way. You can be assured your information is secured and protected at all times and only used by this agency in processing your donation and supplying you with Meals on Wheels San Diego County information. Please contact bfiorina@meals-on-wheels.org for further information or call 619.260-6110.