Gifts of Stock

Gifts of Stock

Consider a charitable gift of appreciated securities.

Donors can support psychoanalysis by making a contribution of long-term appreciated securities. Such gifts often provide special tax savings to the donor. In addition to receiving a tax deduction for the gift, the current value of the securities can be deducted regardless of how much they have appreciated, and the donor does not have to pay any capital gains tax on the profit.

The easiest way to make a stock contribution to APsaA is to transfer stock using the DTC System. To do this, you must write a letter to your custodian/brokerage firm requesting that “X” number of shares be transferred from your account to APsaA by way of the DTC system. Your broker must include their DTC number along with the request.

Your Financial Institution will need the following information:
Send To:
Charles Schwab & Co.,
1958 Summit Park Drive
Orlando, FL  32810
Tax ID Number – 13-1685533
Contact – Customer Service: 800-515-2157

Instruct DTCC eligible securities and the Options Clearing Corporation eligible options to DTC Clearing 0164, Code 40

For Further Credit to Account: American Psychoanalytic Association
Acct. #: 6116-0412

For questions about making a gift to the APsaA, contact Tom Newman at (212) 752-0450 or tnewman@apsa.org

Thank you for your charitable gift to APsaA a 501(c)(3) nonprofit organization. Contributions are tax deductible to the fullest extent of the law. Information on this site is for educational purposes only and not to be considered legal advice. Please consult your professional advisors when making decisions.