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A Meaningful Way to Give: Donating Stocks, Bonds, and Other Assets

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Thank you for considering a gift to The Salish Sea School. Your generosity helps us continue our mission of connecting students to the magic of the Salish Sea.

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One thoughtful way to support our work is by donating non-cash assets such as stocks, bonds, mutual funds, or ETFs that you've held for more than one year. These types of gifts not only support our programs in a big way, but they may also offer you significant tax benefits.

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Here’s how a gift of securities can make an even greater impact:

  • Avoid capital gains tax: By donating appreciated assets directly, you may be able to eliminate capital gains tax—potentially increasing the value of your gift by up to 20%.

  • Receive a fair market value deduction: You may also be eligible to claim a charitable deduction for the full fair market value of your gift, which could make room for even more generosity.

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If you’re interested in making a gift of securities, we’re here to help every step of the way. Please reach out to us at info@thesalishseaschool.org, and we’ll provide the details you need. Most brokerage firms will ask for a letter of instruction to initiate the transfer. If you’re donating mutual funds, your provider may have a special form.

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And if you’ve already started the process—thank you! Please let us know so we can notify our advisor and make sure everything goes smoothly. Once your gift arrives, we’ll promptly send a charitable tax receipt for your records.

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Gifts from IRAs or Other Retirement Plans

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Retirement assets—like IRAs or other tax-deferred plans—can be a smart way to make a meaningful gift. These distributions are typically taxable to you or your heirs. However, when directed to a nonprofit like The Salish Sea School, these gifts can be made tax-free.

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Consider naming The Salish Sea School as a full or partial beneficiary of your retirement plan. It’s a powerful way to support marine conservation and youth education, while potentially preserving other assets for your loved ones.

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If you choose to make this type of legacy gift, please notify us at info@thesalishseaschool.org so we can ensure your gift is directed according to your wishes.

The information on this website is meant to provide general educational guidance on the topics shared. It’s not intended to serve as legal, financial, or tax advice. For personalized support, we encourage you to consult with your tax advisor, attorney, or financial planner to explore how these topics may apply to your unique situation.

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Awakening Curiosity and Deepening Community Connections with the Sea

 

Discovery Center: 2201 Skyline Way, Unit 101, Anacortes, WA 98221

Mailing address: P.O. Box 1901 Anacortes, WA 98221

 

501(c)(3) EIN 83-3277816

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