Ways to Give

Stock Donations as Legacy Gifts

Donate Stocks

One of the biggest tax advantages in charitable giving continues to be the double benefit donors get when donating appreciated assets to Memorial Medical Center Foundation instead of cash. By giving appreciated assets (like stocks held for more than one year), you'll get a charitable tax deduction for the full value of the asset and avoid any capital gains tax that would have applied if you had sold the stock and made your gift in cash.

Please provide the following information in your request when directing your broker to transfer your shares to Memorial Medical Center Foundation:

  • Memorial Medical Center Foundation
  • 2801 Atlantic Ave.
  • Long Beach, CA  90806
  • EIN: 95-6105984
  • Memorial Medical Center Foundation's DTC Number: 5409
  • Memorial Medical Center Foundation's Account Name: FIS Wealth Outsourcing
  • Memorial Medical Center Foundation's FBO Account Number: 82-71-0143-01-7

It is important to notify MemorialCare Long Beach of the specifics of this transaction (stock name, share quantity, gift designation) so we can credit your gift appropriately. Please contact us at (562) 933-1657 or cherron2@memorialcare.org.

Print Page

© Gift Planning Marketing. This document is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.