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Securities Transfer Information

Stock Transfer Information

The electronic transfer of stocks or bonds to Doane is an efficient way to transfer securities and may provide potential tax savings.   

Contact your broker and let them know you wish to make a donation of securities to Doane.  

Your broker will need to know:

  • The name of the stock
  • The number of shares
  • Doane account information:

    Raymond James 
    DTC: 0725
    Account Number: 32452654
    Account Name: Doanco

    Edward Jones 
    DTC: 0057
    Account Number: 68002806-1-9
    Account Name: Doanco

To be eligible for a charitable deduction for a tax year, donations of stock need to be received by the end of the year. Because different assets take different amounts of time to be transferred, you should initiate your transactions as early as possible.

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Please let Doane know!  

When securities are transferred, your name is not shared. Doane needs to know the name of the stock, the number of shares you're transferring, and where you want your donation to go (i.e., endowed scholarship, Doane Fund, endowment, etc.) You are welcome to call to discuss options.        

            Doane's Stock Transfer FORM

            Doane Advancement at 402-826-8258 

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REASONS to Use Stock Transfers:

  • Avoid Capital Gains  
  • You Can Give More  

If you donate a stock directly to a charity, there’s no capital gains tax to pay. Plus, you are eligible to deduct the full fair-market value of the donated asset from your income taxes, up to the overall amount allowed by the IRS. 

Example:  You purchased 100 shares of a stock for $15,000 in 2000.  It's now worth $100,000, giving you a potential capital gain of $85,000. If you transferred this stock directly to Doane, you would avoid paying the capital gains tax while realizing the full market value for your charitable donation. 

By donating stock that has appreciated for more than a year, you are actually giving 20 percent more than if you sold the stock and then made a cash donation. The reason is simple: avoiding capital gains taxes.  

Help Doane and help yourself:

Example:  You want to sell stock to make a large purchase, but you want to avoid paying the capital gains tax. In this case you transfer some stock to charity and sell some stock outright.  The amount of capital gains tax you owe on the stock sold outright could be reduced or canceled out by the gift of stock, which allows you to take the full market value of the stock you transferred to a charity as a deduction. 

This is not considered financial or legal advice, and all matters such as this should be discussed with your professional councils regarding your specific situation.  

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Securities are transferred to the Doane accounts managed by the following brokerage firms: 

Broker

Holly R. Boucher, CFP
Raymond James & Associates 
8700 Executive Woods Drive 
Suite 300
Lincoln, NE 68512 
Direct: 402.853.7662
Toll-Free: 844.808.7911
Main: 402.853.7660
Fax: 866.954.9322
http://raymondjames.com/hollyboucher

Raymond James Account Number: 32452654
Account Name: Doanco
DTC: 0725

Broker

Preston Meints, Financial Advisor 
Edward Jones

511 2nd St Suite D 
Friend, NE 68359
Office: 402.947.2104
Fax: 877.405.0986
preston.meints@edwardjones.com

Edward Jones Account Number: 68002806-1-9
Account Name: Doanco
DTC: 0057