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Stock Monday is Just Around the Corner!

This year, Stock Monday falls on November 27. Donating stock is one way you can give a powerful gift to the Community Foundation, while avoiding the capital gains tax. It can make a huge difference for CFAAC and is also tax-advantageous for you in more ways than one! How?

When you give stock, you can save money, give more at no additional cost, and make a larger impact on your community! In addition to avoiding capital gains taxes, stock donations are also tax deductible. So, if you itemize deductions from your federal income tax, you can deduct the donation from your taxable income. When you donate stock to CFAAC for causes you care about, your dollar will go further than if you were to sell the stock and donate cash. This is because the money you would have paid in taxes can instead go fully to your favorite nonprofits. It’s a win-win!

Giving the gift of stock is not complicated with the help of the philanthropic advisors at CFAAC. Donate the gift of stock today to CFAAC Community Leadership Circle. Call John Rodenhausen, our Director of Gift Planning, at 410.280.1102 ext.103 or email for more information.

If you’re ready to make a gift yourself, see below for stock transfer information or give us a call 410.280.1102 to make a larger impact on your community than ever before. 

(Even though #StockMonday is November 27th, stock donations are welcome year-round!)

Stock Transfer Information

To make a stock transfer, please use the following information: 

Pershing, LLC
Depository Trust Company (DTC) #0443
For the credit to: Pershing, LLC #4S2117401
Account name: The Community Foundation of Anne Arundel County
Contact: Kathy Luthcke, CPA, CGMA, Director of Finance & Operations,

PLEASE NOTE: Donor names are rarely provided when securities are transferred electronically. To ensure your gift is correctly allocated, please email with the gift amount and the name of the fund your gift will support. 

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