
Supporting hardworking families is simple.
Gifts of stock can be a very powerful tool to manage your personal taxes and meet your philanthropic goals at the SAME time. Donating stock instead of cash can have many benefits for you and be an effective method of supporting United Way of Coastal and Western Connecticut.
- Increase your gift to United Way while realizing additional tax benefits.
- Avoid capital gains tax.
- Earn a standard tax deduction on both federal and state taxes.
For most taxpayers any gift of stock that has been held for at least one year - defined as a 'long term' holding - can be written off at fair market value against income if donated to a qualified charity such as United Way of Coastal and Western Connecticut.
United Way of Coastal and Western Connecticut, Inc.
Instructions for Stock Transfer
All deliveries must include United Way of Coastal and Western Connecticut and Union Savings Bank account #8813.
The Bank of New York Mellon
DTC Participant #0901
Internal Account #116269 n/o Union Savings Bank
For account of UWCWC #8813
In order for Union Savings Bank & UWCWC properly account for stock gifts, please forward name of donor, stock and # of shares to:
Jennifer Smith
Controller
United Way of Coastal and Western Connecticut, Inc.
Jennifer.Smith@unitedwaycwc.org
(203) 792-5330 x241
Thank you for your generous support!