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Stock Gifts

By giving appreciated property like stocks or bonds, you can avoid paying capital gains taxes on the appreciation, receive a tax deduction for the full value of the gifts and support MALT at a lower cost to you. Please check with your tax advisor to determine the full deductibility of your donation.

When MALT receives a stock gift, our policy is to sell the stock as soon as possible after the receipt of the gift. If you wish to donate stock, please use the following procedure:

  1. Notify your broker that you are making a charitable gift to Marin Agricultural Land Trust (MALT).
  2. Instruct your broker to transfer the stock into MALT’s account at Charles Schwab:
         Charles Schwab & Co, Inc.
         Account Number: 2668-4624
         DTC #0164 Code 40
  3. After you have completed the stock transfer, please contact Kelly Brown or Stacey Witchel at MALT and let us know the arrangements that you have made. This is important because your broker may not include your name in the transfer and we may not know who the stock is from. Notifying us enables us to track the transfer of the stock and acknowledge your gift promptly.

IRA Qualified Charitable Donations

In eligible tax years, individuals age 70½ or over can exclude up to $100,000 from gross income for donations paid directly to a qualified charity from their IRA. This is known as a Qualified Charitable Donation, and it satisfies any IRA required minimum distributions for the year.

Congress has approved the charitable rollover every year since 2006, but often waits until the very end of the year to make the approval official. CPAs and other financial professionals typically advise their clients that if they want to direct some of their IRA to charity to do so, without waiting for Congressional approval. In the unlikely event that Congress does not approive Qualified Charitable Donations, the donor takes a traditional charitable deduction on a taxable IRA distribution. There may be a little tax-slippage, but for most the difference will be slight.

If you are age 70½ or over and wish to direct a charitable donation to MALT through your IRA, please use the following procedure:

  1. Notify your broker that you are making a charitable gift to Marin Agricultural Land Trust (MALT).
  2. Instruct your broker to transfer the charitable donation into MALT’s account at Charles Schwab:
         Charles Schwab & Co, Inc.
         Account Number: 2668-4624
         DTC #0164 Code 40
  3. After you have completed the transfer, please contact Kelly Brown or Stacey Witchel at MALT and let us know the arrangements that you have made. This is important because your broker may not include your name in the transfer and we may not know who the gift is from. Notifying us enables us to track the transfer and acknowledge your gift promptly.

MALT's tax ID#: 94-2689383