Donate your stock to Bello Machre

Gifts of appreciated stocks, bonds, and other securities support Bello Machre, while also often providing a significant tax benefit to the donor. Contributions of appreciated stock held for more than a year are generally deductible at market value, regardless of what you paid for them. In fact, donating stock saves even more taxes than donating cash, since there is no capital gains tax when appreciated securities are given to Bello Machre.

Steps to Donating Your Stock

Contact Tracy Lynott, Development Director at Bello Machre, by phone at 443-702-3016, or by email at tlynott@bellomachre.org to start the process.

Notify Mia Tripodi, Wealth Management Client Associate at Merrill Lynch, by phone at 410-263-0187 (FAX 410-630-4497), or by email at mia.tripodi@ml.com.

Consult with your tax advisor for specific tax advice when giving securities.

Stock Donation FAQs

Donating to a charity by any means is generous. However, when it comes to donating stocks vs. cash, there are some benefits. Due to capital gains tax laws, by donating a stock that has appreciated for more than a year, you are giving 20% more than if you sold the stock and then made a cash donation.

Donating stock directly to a qualified organization, nonprofit, or charity is one of the most tax-smart ways to give. After giving your appreciated shares, you can buy new shares to reset your cost basis at the current, higher price. Donating reduces your future capital gains tax exposure if the stock continues to grow in value.

Your donation will help enrich the lives of the developmentally disabled children and adults we serve. Your tax-deductible donation will help:

  • Stock the cupboards with food in our newest homes
  • Purchase a new kitchen table and chairs
  • Install a new barrier-free lift system
  • Finance a new fully wheelchair-accessible home
  • Purchase a new lift van to take our folks to work and community outings

Looking for More Ways to support bello machre?

Help us enhance our community and change the lives of people with developmental disabilities. Explore other ways to give or contact us if you need need more information.

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