B-CC Rescue Squad gratefully accepts marketable securities of stocks and bonds. Additionally we can be made the beneficiary of life insurance policies. Charitable contributions of appreciated securities (stocks and bonds) provide two potential income tax advantages as follows:
- The first is a charitable deduction – generally for the fair market value of the securities at the time of the contribution, subject to certain tax law limits; and,
- The second benefit is that you are not taxed on the capital gain that would result if you sold the securities.
Your stock broker can easily make stock and bond donations directly into the Bethesda-Chevy Chase Rescue Squad investment account at Fidelity Investments detailed below. Donors who wish to leverage their cash donations to B-CC Rescue Squad can use life insurance as an excellent means of accomplishing their goal. By either gifting a policy outright or naming B-CC Rescue Squad as beneficiary, one can provide the Squad with a lasting legacy. Donors can also consider the use of charitable riders on their cash value insurance policies to provide a smaller gift as well. Let us know if we can help you with your life insurance donation. Stock(s) and Bond(s) bequeath can be made directly into our investment account by your stock broker as follows:
Bethesda-Chevy Chase Rescue Squad
c/o Fidelity Investments
DTC # 0226
Account # Z72-899941
FEIN: 52-0583872
We also request that your stock broker notify us via e-mail when making a stock or bond bequest with the following information:
- Name of the Donor
- Name of the Stock or Bond
- Number of Shares Being Transferred
- Present Value of the Securities Being Transferred
- Date of Transfer
- E-Mails Should Be Sent To: development@bccrs.org