Increasingly, people are choosing to support the work of CASA of Los Angeles by donating gifts of securities. In addition to providing us with the crucial financial support needed to make a difference in the lives of abused children, you can save on capital gains taxation of appreciated securities. You can donate securities by transferring stock certificates or stock held through a broker.
By donating gifts of securities, you can provide us with the crucial financial support needed to make a difference in the lives of L.A. County’s abused and neglected children. You can at the same time save on capital gains taxation of appreciated securities. You can donate securities by transferring stock certificates or stock held through a broker.
Stock Held Through Your Broker
Most brokerage firms will require a letter of intent from you to request an electronic transfer of shares to CASA of Los Angeles. When doing so, you can provide the following account information to them:
CASA Of Los Angeles has its donated securities account managed by City National Securities:
Senior Vice President
City National Securities
400 N. Beverly Drive, 7th Floor
Beverly Hills, CA 90210
Phone (310) 888-6415
Fax: (310) 888-6388
Before transferring any securities, please ask your broker to contact Casey Blystone at the above number, referencing the CASA of Los Angeles tax ID number: 95-3890446. And to ensure that your gift is properly accounted for, please also notify CASA/LA’s Director of Development and Communications, at (323) 859-2888.
To transfer stock certificates, you will need a stock power for each certificate that you plan to donate. These stock powers need to be signature guaranteed—simply go to your local bank or broker and have them witness your signature. They will stamp it accordingly. After you have signed the powers (do not sign the back of the certificates), mail the certificate(s) in one envelope and the signed stock powers with the signature guarantee in a separate envelope.
Mail the two envelopes to:
CASA of Los Angeles
201 Centre Plaza Drive
Monterey Park, CA 91754-2142
Attn: Development Department.
NOTE: To ensure the arrival of your gift, we recommend that the stock certificate be sent by certified mail with return receipt requested. Thank you for considering a donation of securities to CASA of Los Angeles!