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Gifts of Stock to Food First/Institute for Food and Development Policy

Instructions for Gifts of Stock to Food First

Donating highly appreciated stock allows you to completely avoid paying capital gains tax on stock and at the same time make a larger tax-deductible gift to Food First/The Institute for Food and Development Policy than you might otherwise be able to afford.

Electronic delivery of stock shares is more secure and faster than mail. If you prefer, you may transfer certificates by mail.

Either the donor or the transferring broker must provide the following information:

Donor's name and complete address
Name and number of securities transferred

Please contact Marilyn Borchardt at the time of transfer:

     Marilyn Borchardt, Development Director
     Institute for Food and Development Policy
     398 60th Street, Oakland, CA 94618
     Phone: 510-654-4400 ext 234
     Fax: 510-654-4551
     E-mail: marbor at foodfirst.org

Electronic transfer of securities:

Brokerage: Progressive Asset Management
510-622-0202 ext 203 or 800-701-4713

DTC Number: 221

Account Name: Institute for Food and Development Policy

Federal Tax ID number: 13-2838167

Account Number: OP 10192 02

Stock gifts are tax deductible for the full value of the stock on the day of sale, providing you have held them long enough to qualify. Consult the IRS or your accountant.

The Institute can also receive your stock gift though a new Institute account set up by your broker to receive and sell the stock. If your broker prefers to open an account for the Institute, have him/her call Marilyn Borchardt at 510-654-4400 ext 234.

Securities Delivered by Mail:

Mail your unsigned stock certificate in one envelope and a stock power letter in a second envelope. If you have already signed your certificate on the back, send it to the Institute by certified mail as a signed certificate is like cash. Mail address:

     Institute for Food and Development Policy
     398 60th Street
     Oakland, CA 94618

If you have any questions, call Marilyn Borchardt at 510-654-4400 ext 234. Thanks for your generous support.