Donating stock directly to Friends of OAS helps fuel our mission to support Oakland’s shelter animals in need.
To donate stock, contact your financial advisor to start the transfer. They may ask you to use their firm’s internal form, or you can give them our downloadable Stock Donation Form.
All of our account details are included on the form, but you can also provide your advisor with the FOAS transfer details below:
- Organization address: Friends of Oakland Animal Services, P.O. Box 3132, Oakland, CA 94609
- Taxpayer ID #: 20-4053711
- Broker: Charles Schwab & Co., Inc. (Contact: 800-435-4000)
- DTC #: 0164, Code 40
- Account #: 1833-1452
*Please note: DTC transfers typically take 24–48 hours, though processing may take longer near the end of the calendar year.
Important: Once you initiate the gift, please send a copy of your form or a quick notice to info@friendsofoas.org. Because brokerage transfers arrive at our account without donor names attached, emailing us is the only way we can identify your gift, issue your tax receipt, and properly thank you!
For any questions about the form, feel free to reach out to us at info@friendsofoas.org or consult your financial advisor. You can also use the Giving Block portal below if preferred.
How Do Stocks Help FOAS?
Donating stock is also one of the most tax-efficient ways for individuals to support our work. By donating stock, rather than selling it and donating the cash proceeds, you get a deduction for the Fair Market Value on the date of the contribution, as well as avoiding capital gains taxes. Assuming the stock is worth more now than when you purchased it, this can be a great benefit to you, as well as a great donation for FOAS.
Example: If you purchased stock for $1,500 and it is now worth $5,000, we get the full current value and you get to deduct the full $5,000 from your taxes, and yet it only cost you $1,500. If you were to sell the stock first, and donate the proceeds, you might also be responsible to pay capital gains on the $3,500 increase in the value of the stock.
Keep in mind that everyone’s situation is different! Also, with stock donations you are limited to 30% of your AGI (adjusted gross income), meaning you may need to carry deductions into future years if your contribution exceeds this threshold.
Are stock donations tax-deductible?
Yes! Stock donations are one of the most tax-efficient ways to give to charity. Your stock donation is tax-deductible to the extent permitted by law; if you pay taxes in the U.S. By making a charitable gift, you may also be eligible to significantly reduce what you would otherwise owe in capital gains taxes. As with any tax-related questions, be sure to consult with a qualified, professional tax advisor.