Street Roots has opened an account with a national stock brokerage. You can now easily and quickly donate appreciated stock to Street Roots, without fees.
If you donate stock that has grown in value beyond what it cost, you may be able to deduct the full appreciated value on your state and federal returns. (Of course we aren't able or allowed to give you tax advice, so please contact your tax preparer to be sure you are in a position to benefit from the deduction.)
Donating stock to Street Roots is easy. Just call Bruce Anderson, Street Roots’ board vice-chair, at (503) 381-1378 or send him an e-mail to get our account number and other contact information. Then, by signing the proper forms, you request your broker to electronically transfer the funds.
This is a great way to help Street Roots. Gifts of any size will benefit vendors and help sustain the health of the organization.