Donate: Make an impact today.
DONATE BY CHECK
SVUDL is a tax exempt 501(c)3 organization, EIN 47-1097110. Please make your check payable to “SVUDL” and send to:
Sobrato Center for Nonprofits
502 Valley Way
Milpitas, CA 95035
SVUDL welcomes donations by check from individuals as well as from donor advised funds.
DONATE APPRECIATED STOCK
Donating stock is a wonderful way to contribute to the SVUDL mission. Whether your portfolio performance was above average or even if you had a decline in your portfolio value, donating stock to SVUDL is a wise investment in youth in need.
Help Youth—and Save Taxes—With Appreciated Stock
If you have stock that you have owned for more than one year and it has appreciated since you purchased it, you can save on the capital gains tax you would owe if you sold it yourself by donating the stock to the SVUDL. And since SVUDL is a 501(c)(3) charitable organization, you will be entitled to an income tax deduction for the full current market value of your gift, to the extent allowed by law.
You can also deduct stock donations equal to an amount of up to 30 percent of your adjusted gross income, and any excess deductible amount can be carried over for as long as five years to offset income or capital gains taxes.
How to Turn a Stock Market Loss Into a Win
If you took a loss in the stock market, you can still help SVUDL make change for young people in need. By selling stock at a loss and then making a donation to SVUDL of the same amount of money that the stock was sold for, you can do the following:
- You can claim a charitable deduction for the gift.
- You can deduct the stock’s decrease in value from your other income, thereby reducing the taxes you pay.
- You can deduct up to $3,000 ($1,500 if you are married filing separately), but any amount of loss above that can be carried over to future years until completely deducted.
For More Information
If you would like more information about how your stock holdings can be used to benefit Silicon Valley youth—and yourself—please email us at firstname.lastname@example.org, or call us at 408.337.2493. If you'd like to make a donation of stock please contact us for our brokerage account information. The above is intended as an outline only; SVUDL does not provide financial, tax, or legal advice.