Donating appreciated stocks and securities to Schola, instead of writing a check, can offer you a tax-efficient alternative way to support Schola's programs. By donating your appreciated stock, you will escape any capital gains taxes you would have paid if you had sold the asset. In addition, you can deduct the current market value of the gift for income tax purposes, just as if you had made a cash donation. Consequently, the after-tax cost of making your charitable gift may be less with a gift of appreciated stocks than with cash.

It is simple to make a donation of stocks or securities to Schola. Simply ask your financial institution to transfer the assets to the following account: 

Account Name:   Schola Cantorum, Inc.
Account #:      565-0R342-18-703
DTC #:          0418
Firm:           Smith Barney, Inc.
Firm Contact:   Greg Takata, Financial Advisor, (650) 496–4231
E-mail:         gregory.j.takata@smithbarney.com
Schola will send you a donation acknowledgment letter, stating the fair market value of the gift at the moment it is transferred to our account. This letter can be used for tax-deduction purposes.

Schola Cantorum is a registered non-profit organization in the State of California, and has tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. For your information, our Tax ID number is: 94-2597822.

If you would like further information about ways to financially support Schola Cantorum, please contact Schola's Executive Director at (650) 254–1700 or manager@scholacantorum.org. Please consult your own legal and financial advisors about the income, gift and other tax consequences of making a charitable stock donation.