Gifts of Stocks, Mutual Funds, and Privately Held Securities
A gift of stock may be right for you if:
You have owned this stock for at least one year.
Some of these stocks have increased in value since you bought them.
These stocks will likely provide you with very little income.
You would like to make a gift to Museum of Glass and don’t have a large enough amount of cash on-hand.
Here are three different types of stock the Museum of Glass accepts:
Publicly traded stocks are the non-cash assets most frequently donated to charities because they’re widely owned and easily transferred. These are stocks that are sold on stock exchanges. People can purchase shares of stock in a company (i.e., shares of Boeing), and there is a clear, publicly known price at any moment in time.
Mutual funds are also known as exchange-traded funds and are an investment in a group of stocks (or other investments).
Privately held stocks are shares held in a company that is not yet publicly traded (like LLCs, SCorp, or C Corp).
How to transfer shares of your publicly traded securities to Museum of Glass:
To donate shares of stocks or securities, please fill out the Stock Gift Form and either email it to Rebecca Downey or send the form to the Museum of Glass Development Department, 1801 Dock Street, Tacoma, WA 98402. Once the Museum receives this form, we will provide you with the Museum of Glass brokerage account information so you can initiate the transfer. Thank you so much for considering Museum of Glass.
Museum of Glass Tax ID: 91-1669422