Advancing science-based climate solutions
Put Stock in Climate Solutions!
Did you know that you can benefit both yourself and the climate by donating stocks or mutual funds to EESI? By donating appreciated securities—as opposed to cash—you may be able to receive a larger tax deduction while increasing your impact on the climate crisis!
Questions?
Please contact our Director of Development, Susan Williams, at swilliams@eesi.org or (202) 662-1887.
Advantages of donating stocks or mutual funds—as opposed to donating online or writing a check:
The tax benefits could enable you to increase the amount of your donation, allowing for more support for the climate solutions you care about. Specifically:
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You will avoid capital gains tax.
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You will receive an immediate income tax deduction for your gift for its full fair market value (not the amount for which you bought the stock or mutual fund).
Important to know: The appreciated securities you use to make your donation must have been held by you for more than one year to be fully deductible. Check with your tax professional about your situation.
How do I donate stocks, or mutual funds to EESI?
Step 1: Get in touch with your broker and send them the following stock transfer information:
*Receiving Institution Account # 5311-5395
Account Title/ Registration: Environmental and Energy Study Institute
Contact Name: Tennyson Wealth Management Group
Contact Email: Christopher.Tennyson@wellsfargoadvisors.com
Contact Telephone: 202-861-4554
Name of Receiving DTC Brokerage Firm: First Clearing LLC
DTC Number: 0141
Step 2: Fill out our online form below so we can ensure you receive the proper receipt and thanks for your gift to EESI. Please include your contact information so we know how to be in touch with you.
Click here to see the form, or simply scroll down.
Step 3: Sit back and let EESI take it from here.
We will send you a donor tax receipt using the contact information you provided in the online form. If you wish to make the gift anonymously, we are happy to honor that request. (You will still need to provide contact information if you would like a receipt.)
Are your mutual funds or stocks in a retirement savings plan (IRA, 401k, etc...)?
- If you are 72 or older, you can make a Qualified Charitable Distribution directly from your IRA. Click here to learn more.
- Designate EESI as a beneficiary of your 401K, IRA, or other qualified retirement plan with a simple update of your beneficiaries, online or through a phone call with your financial institution—and make climate action part of your legacy. Or, you can ask your lawyer to include EESI in your will. Click here for details.
