Donate Stock

TAALK makes no claims regarding the accuracy of the information below or the tax consequences stemming from your use of it. Please consult with your own tax, legal, or financial planning advisor.

Talk About Abuse to Liberate Kids (TAALK) is a California 501(c)3 Public Benefit Corporation. Donations are tax deductible to the full extent of the law.

Thank you for your interest in donating stock to TAALK. Electronic delivery of stock shares is the most secure and expedient delivery process available and provides efficient internal control as well as cost savings. However, you may also transfer certificates directly. To help you facilitate a gift of stock, please use the following instructions for electronic delivery or delivery my mail.

Notification of Donor Intent
Regardless of whether you transfer your stock donation electronically or by mail, please notify us in advance. This will allow us to track the transaction to completion and provide us the necessary information required to acknowledge your gift for income tax purposes.

You may delivery your donor intent in three ways as follows:

  1. Email to donations@taalk.org
  2. Mail to:
    TAALK
    30251 Golden Lantern, E283
    Laguna Niguel, CA  92677-5993
  3. Complete our Notification of Donor Intent Form

Securities Delivered Electronically
Have your broker send delivery instructions to Charles Schwab by mail or fax as noted below:

Charles Schwab
Phoenix Operations Center
P.O. 52114
Phoenix, AZ 85072
Fax #: 1-888-526-7252

Please include the following information in your delivery instructions:

- Number of shares of stock to be transferred
- Name of stock to be transferred
- Donor's Name: Your information
- Donor's Address: Your information
- Transfer from Account Name: Your information
- Transfer from Account Number: Your information
- Transfer to Account Name: Talk About Abuse to Liberate Kids Inc.
- Transfer to Account Number: 7976-1929
- DTC #: 0614

If you have questions you may call us at 1-888-808-6558 or call Charles Schwab directly at 1-800-435-9050 24 hours a day.

Securities Delivered by Mail

Mail your unendorsed certificate(s) and stock power in separate envelopes by registered mail to:


TAALK
30251 Golden Lantern, E283
Laguna Niguel, CA  92677-5993


Note:  TAALK is obligated to record your gift as of the day it is received into its brokerage account. Consequently, given the increased volume of year-end gift transactions, it is advisable for you to plan your year-end charitable giving as early as possible. You may wish to have regular communications with your broker to ensure that the transfer has actually taken place. These steps should help to assure you receive proper credit for your gift within the tax year desired.


Valuation for Tax Purposes and Date of Gift
The date of the gift is the day the stock passes from your control. The value, for income tax purposes, is the mean between the high and the low quoted selling price on that day. Your gift will be acknowledged by TAALK.

Value of Making Stock Donations

You can realize two tax savings by contributing stock as a gift to TAALK as follows:
  1. Deduction for charitable contribution
    Federal and state tax law permits taxpayers who itemize to deduct the current value of charitable contributions from their adjusted gross income. To qualify for such a deduction, the stock must have been held by the taxpayer for more than one year.
  2. Save on capital gains tax
    Contributions of stock may have no tax liability on the difference between the cost of donated stock and its current, fair market value (FMV) (i.e. there may not be tax on the capital gains).

Here is how it can work:

Assume you purchased 100 shares of XYZ Corporation in 1988 for $2,000. Today, the shares are worth $10,000. If you sold the stock, you would realize an $8,000 capital gain. Under current tax rules, you could owe as much as $1,600 in federal capital gains tax (plus more in state taxes). You decide to make a $10,000 gift to TAALK. Normally, you make your gift by an on-line donation or check, but this year you decide to see whether a stock gift would work better for you. Your comparisons are (federal tax benefits only):

  Option A
Give Securities As Gift 		Option B
Give $10,000 by Check 		Option C
Sell Securities & Give Cash
Gift Value $10,000 $10,000 $10,000
Ordinary Income Tax Savings $3,960 $3,960 $3,960
Capital Gains Tax $1,600 Saved N/A $1,600 Paid
Net Tax Savings $5,560 $3,960 $2,360


You become entitled to a charitable income tax deduction for the fair market value of the gifted securities as of the date of gift. You eliminate capital gains tax that would ordinarily become due if you had sold the appreciated securities on the open market and donated the proceeds from the sale to TAALK. Your charitable deduction can be claimed against up to 30% of your adjusted gross income and any unused deductions can be carried forward over the next five years. This helps you to achieve your long-term financial objective of reducing your income and estate taxes.

If you find that you have securities that have declined in value over the years and are interested in donating them to TAALK, you may find it more advantageous to sell the securities first and contribute the proceeds to TAALK as opposed to donating the securities outright. This strategy should allow you to claim a deduction for both the loss from the sale of the securities as well as the charitable gift.

If you are considering donating stock that is subject to a cash merger or tender offer, it is important for you to note that you will be subject to tax on the capital gain even though the shares were transferred to TAALK before the tender offer became effective.