DONATING WITH STOCKS
How Stock Donations Create Greater Impact
Donating appreciated stock is a highly effective and powerful way to stretch your giving even further and maximize the impact of your generosity. When you contribute stock directly to Project H.O.O.D., a larger portion of your thoughtful gift can go toward strengthening vital programs that truly change lives and build meaningful opportunities within our community. This approach not only benefits those in need but also allows you to make the most of your charitable intentions.
Understanding Stock Donations
Donating appreciated stock is one of the most effective ways to support a nonprofit while maximizing the value of your gift. When you transfer stock directly to a qualified charity, you can avoid capital gains tax on the appreciation and may also receive a charitable deduction for the fair market value of the shares. This allows your generosity to go farther than if you sold the stock first and donated the proceeds.
Because the full value of the stock goes to the organization, stock gifts often provide more impact than cash contributions. This makes stock giving an efficient strategy for donors looking to support significant work without increasing out-of-pocket expenses.
A stock donation is a smart, streamlined option for anyone who wants to steward their resources wisely and make a strong, lasting contribution to the mission of Project H.O.O.D.
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When you donate stock that has increased in value, you may qualify for a deduction based on the full fair market value of the shares and avoid capital gains tax on the growth. This makes stock donations a tax-efficient way to support the mission of Project H.O.O.D.
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By transferring appreciated stock directly to a nonprofit, donors help organizations receive a larger gift than they would after taxes from a stock sale. This higher-impact giving strengthens a charity’s ability to serve its community and grow its initiatives. At Project H.O.O.D., stock donations help drive long-term solutions that create opportunity and hope for families across Chicago.
Official Gift Processing Information
Project H.O.O.D.
6615 S. King Drive
Chicago, IL 60637
Tax Identification Number (EIN): 45-5328589
We are a tax-exempt, charitable institution listed in the Federal Internal Revenue Service Publication #78, "Cumulative List of Organizations," revised IRS Code 501(c)(3).
View the IRS Determination Letter
View the Gift Acceptance Policy
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