Gifts of Stock to the Santa Monica Education Foundation

We greatly appreciate your interest in making a stock donation to the Ed Foundation. Electronic delivery of stock shares is the most secure, expedient, and cost-effective process. Below are the instructions to facilitate your gift:

1) Contact Your Broker
Please provide your broker with the following information to transfer your securities:

• Brokerage Firm: JP Morgan Securities LLC
• DTC Number: 0352
• Account Number: 72079208
• Account Name: Santa Monica Education Foundation

2) Notify the Ed Foundation
Once the transfer has been initiated, please notify our office by emailing Rachel Faulkner. In your email, please include:

• A description of the donated securities
• The number of shares
• Your name, address, and phone number

This information helps us identify your gift and ensures accurate processing.

Additional Information

Valuation for Tax Purposes and Date of Gift
The date of your gift is the day the stock passes from your control. For tax purposes, the value is the average of the high and low selling prices on that date. We will acknowledge your gift in writing for your records.

Tax Savings for Stock Donations
By donating stock to the Santa Monica Education Foundation, you may realize two key tax benefits:

1. Charitable Contribution Deduction
   Taxpayers who itemize can deduct the current value of their charitable contributions. To qualify, the stock must be held for more than one year.
2. Capital Gains Tax Savings
   By donating appreciated stock, you avoid paying capital gains taxes on the difference between the purchase price and the current market value of the stock.