Donating appreciated securities to DCV is a great way to support us and save you on taxes.
If you donate the stock directly to DCV, you pay no capital gains tax. This way, the amount that would have gone to the IRS and DC as capital gains taxes stays with DCV
.
You also get a tax deduction for the full fair market value of the stock at the time of the transfer. The tax deduction limit for gifting stock to a public charity is up to 30% of your adjusted gross income, though you can carry any excess over for up to five years.
Information for your Broker
Payee: Dupont Circle Village, Inc.
Federal Tax ID/EIN #: 26-3702387
Address: 2121 Decatur Place, NW, Washington, DC 20008
Phone: 202-436-5252
Email: execdir@dupontcirclevillage.net
Broker: Merrill Lynch
DTC Number: 8862
Dupont Circle Village Account Number: 5TL03029
Merrill Lynch Account Title/Name: Dupont Circle Village