Donating appreciated securities is a meaningful and tax-efficient way to support the important work of Chabad Owings Mills.
When you donate stock directly to our 501(c)(3) nonprofit organization, your charitable deduction is generally based on the fair market value of the stock on the date of transfer. In many cases, you may also avoid paying capital gains tax on the appreciated value of the securities. We encourage you to consult your tax advisor to determine how these benefits apply to your individual situation.
To make a stock donation, please instruct your broker to transfer the shares via DTC using the following information:
DTC Number: 8862 (Merrill Lynch)
Account Name: Chabad Owings Mills Inc.
Account Number: 5MW02341
Important: Please notify us when you initiate the transfer so we can properly identify your gift, acknowledge your generous donation, and provide a tax receipt.
Thank you for your generosity and partnership in strengthening Jewish life and helping us serve our community.