A gift of publicly traded stock to CVNM Education Fund can be transformative in supporting our collective work to protect New Mexico’s environment and communities. Gifting long-term appreciated securities (including stocks, mutual funds, and bonds held for more than a year) can also provide you significant savings in capital gains taxes you would otherwise incur on their sale. In most cases, you would be eligible for a charitable income tax deduction equal to the market value of the securities. (Please note that CVNM Education Fund or CVNM cannot accept gifts of closely held stock.)
We recommend you talk with an attorney or tax adviser to review and select options that will offer you the most beneficial scenario.
To make a stock gift, please instruct your broker / custodian to “DTC” your donation to Conservation Voters New Mexico’s Education Fund account at Cetera. Your broker will most likely require you to provide them with a written Letter of Authorization (LOA) that indicates the name of the security, and the number of shares, and includes the following delivery instructions:
- Conservation Voters NM Education Fund
- Cetera Account # 3BU16569
- DTC Clearing # 0701
Please Note: Due to privacy requirements, we are unable to access donor information through the financial agencies that process your transfer. Please provide us with the following information so that we may properly acknowledge and receipt your gift:
Donor Name (s) – first and last
Name of stock and number of shares transferring
- Information should be sent to:
- Steven Romero
If you need additional help with the delivery process you can contact Jessica Apodaca at Enterprise Bank & Trust firstname.lastname@example.org or 505-954-7158.
If you have questions about the process, please contact Liz Lee, Director of Philanthropy, at (505) 920-0786 or email@example.com.
Contributions to CVNM Education Fund, a 501(c)3 organization, are tax deductible to the full extent of the law. CVNM Education Fund’s federal tax ID number is 91-1982332.