Making a gift of stock can be a win-win for you and the SETI Institute. The total value of your gift is tax-deductible as long as it has been held for at least one year. There is no obligation to pay any capital gains tax on the appreciated value. And, the gift is fully deductible as of the date it arrives in our account.
Our policy is to sell donated stocks promptly after the transfer is received. Your gift acknowledgment will indicate the value of the stocks at the point of sale. To transfer stock to SETI Institute, please give your broker this information:
Brokerage: Morgan Stanley, Palo Alto
Account Number: 112-123448-026
Name: SETI Institute
We STRONGLY encourage donors to contact us prior to transferring a gift of stock, providing the name of the stock and number of shares, so that we can notify our broker and ensure that your gift is properly handled.