Stock Donations

Considering a Stock Donation?

Contributing stock to Maurice Lucas Foundation may provide greater tax benefits than donating cash while still allowing you to achieve your charitable giving goals for the year.  This guide explains how to donate stock while avoiding capital gains tax and maximizing your charitable deductions. Consult with your financial advisor to consider the following options:

Donating Depreciated Stock

If a stock has decreased in value since you purchased it, it is considered "depreciated." To receive the tax benefits from this type of donation:

  • Sell the depreciated stock first and collect the proceeds.
  • Donate the cash to Maurice Lucas Foundation.

This strategy allows you to claim both a capital loss deduction and a charitable deduction on your taxes.

Gifting Appreciated Stock

For stocks that have increased in value, you can donate the shares directly to Maurice Lucas Foundation without selling them first so you can:

  • Avoid paying capital gains tax on the appreciated value.
  • Claim the full market value of the shares as a charitable deduction.

 Donating Stock to Maurice Lucas Foundation

  1. Contact David Lucas at 503-880-4243, or dlucas@ml20.org to provide advance notice of your gift or if you have any questions.
  2. Instruct your broker to electronically transfer the shares. Provide your broker the following details about Maurice Lucas Foundation:
    • Tax ID: 27-2562371
    • Brokerage: Morgan Stanley
    • Agent: Tricia Pickett
    • Agent Phone Number: 503-534-3451
    • Agent Fax Number: 503-363-6985
    • Account Number: 181-049952
    • DTC#: 0015
  3. Send a notification about your gift to David Lucas at dlucas@ml20.org, or Maurice Lucas Foundation, PO Box 1661, Lake Oswego, OR 97035. Please include the following:
    • Your Name and contact information.
    • Type of Stock and number of shares.
    • Any special instructions you may have for your gift.

If you have any questions, contact David Lucas at 503-880-4323, or dlucas@ml20.org

Thank you for your support of the Maurice Lucas Foundation.