When you donate your appreciated stock, mutual funds, or bonds to Fello, we sell your gift and use the proceeds to fund our critical work throughout the community.
How do stock donations work?
- You transfer appreciated securities to Fello.
- Fello sells the securities and uses the proceeds to fund our work in the community.
- You receive credit and an immediate income tax deduction for the fair market value (average high and low prices on the day of the transfer).
How do I make a stock donation?
- Consult a Professional: We recommend you consult your tax or financial professional for advice before making charitable donations.
- Make Your Transfer: Send your stocks via electronic transfer (where your broker transfers shares using Fello’s DTC number). You must contact your broker to initiate the transfer. Please contact development@fello.org for more information.
- Notify Fello: When you make a gift to Fello by transferring stocks into our account, we do not receive any information that identifies you as the donor. Please let us know so that we can ensure that you receive a proper tax acknowledgment of your gift. You can reach us by emailing give@fello.org or by calling 410.269.1883
If you would like to make a donation of stock, please contact our team at development@fello.org.