Gifts of Stock
Giving gifts of stock offers you a number of financial benefits:
- You can easily donate appreciated stocks, bonds, or mutual funds
- The total value of the stock upon transfer is tax-deductible
- There is no obligation to pay any capital gains taxes on the appreciation
If you would like to donate shares of stock, the following information is pertinent:
MICAH House Corporation
Federal Tax ID # 42-1292393
The donor should provide a letter to their broker identifying the stock to be donated, and directing that the stock be transferred to the MICAH House’s account at TS Prosperity Group.
The letter should provide the following information and must be signed and dated:
Account name: MICAH House Corporation
Participant Number: 2116
Agent Bank Number: 10016
F/F/C A/C #: 01010039430588
FFC A/C Name: Treynor State Bank
Please notify MICAH House personnel prior to any stock transfer:
Maren Larsen, Philanthropy Director
mlarsen@themicahhouse.org
712-323-4416 x 2111