A stock portfolio can be a valuable asset—one that may carry a substantial capital gain. With careful planning, you may be able to reduce your federal capital gains taxes by donating appreciated stock and securities directly to the Maryland Food Bank.
The Maryland Food Bank works with Brown Advisory to process stock donations. Your gift value will be recognized as the average of the high and low trading price, and the gift date will be documented as the date of the electronic transfer.
Fill out the Stock Gift Notification Form to notify the Maryland Food Bank and Brown Advisory about your gift of stock. After you complete the form, broker account information will become available.
Please give your broker permission to release your name and contact information to the Maryland Food Bank so that we may provide you tax documentation. (If you wish to be marked as an anonymous donor in our donor publications, you or your broker may make this request.)
Stock Gift Notification Form
The Maryland Food Bank is registered as a 501(c)(3) nonprofit organization. Contributions are tax-deductible to the extent permitted by law. Tax identification number 52-1135690. The Maryland Food Bank provides general information only. For tax or legal advice, please consult a professional financial advisor or attorney.