Stock and IRA Gifts

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By making a gift of publicly traded stocks, mutual funds or bonds, you can help ensure resilient wild fish thrive, as well as save on your taxes.

Given the changes in the rules for itemized deductions under the Tax Cuts & Jobs Act (TCJA), stock donations can reduce your taxes by giving you total deductions that exceed your new increased standard deduction amount. As well, if you are 70 ½ or older, you can make a tax-favored charitable gift from your traditional and Roth IRA accounts of up to $100,000.

How to complete a stock contribution

Step One: Please notify our office of your intentions in advance of contacting your broker.

Contact Tracey Diaz, California Trout’s Development Director, with your name, the name of the stock, number of shares, and your phone or email should we need to reach you for any reason.

Tracey Diaz
415-392-8887 x103
tdiaz@caltrout.org

Step Two: Contact your broker directly to initiate the process.

He/She will need the name of the stock, the number of shares you plan to gift to California Trout, and our account and DTC numbers:
CalTrout Account #: 296-04C28
DTC #: 8862
Tax ID #: 23-7097680

Our account is with the San Francisco office of Merrill Lynch. Should your broker need to contact that office, our representative is Brian MacDonald at (415) 274-6054 or brian_s_macdonald@ml.com.

Stock transfer gifts are typically sent within 48 hours of your request to your broker. If you wish to make a stock gift in December intended for completion in that calendar (tax) year, please allow three banking days, as brokerage volumes are high in the final week of December.

California Trout will acknowledge receipt of your gift by letter and provide the required information for your tax purposes. We greatly appreciate your support of California Trout’s conservation mission.

For more details about the information we’ll need in order to process these gifts, please call our development staff at (415) 392-8887 x103 and we’ll be happy to help.