– Donate By Check
If you would like to mail your donation to CT Challenge, please download and complete our Donation Form.
For more information, please email Andrew Newbold at email@example.com. Thank you on behalf of the thousands of cancer survivors that we serve.
– Donate Stock
Your broker can assist you in making a gift of stock or securities via a direct transfer to Connecticut Challenge, d/b/a CT Challenge. Stocks that have increased greatly in value, particularly those producing a low yield, are the best to donate because giving a stock that has increased in value and that you have owned for more than one year may provide a greater tax benefit to you than giving cash.
Your charitable income tax deduction is equal to the fair market value of the stock and you avoid paying the capital gains tax on any increase in the current value over the original cost of the stock.
You may also save by not incurring brokerage fees because you are transferring ownership rather than selling the stock.
Even if it is a stock you wish to keep in your portfolio, by donating the stock and using cash to buy the same stock through your broker, you will have received the same income tax deduction but will have a new, higher basis in the stock.
If you would like to make a gift of stock to CT Challenge, please note the following information:
Brokerage House: UBS Financial Services
Account Name: Connecticut Challenge, d/b/a CT Challenge
Account Number: UN5285124
Financial Advisor: Chris Gachi
Telephone number: 203.291.1044
DTC Number: 0221
Please notify Andrew Newbold at firstname.lastname@example.org or 203.292.8104 prior to making your stock transfer so we can ensure smooth processing of your gift and promptly provide information regarding your tax deductions.
For more information, please contact Andrew Newbold, Director of Operations at email@example.com or 203.292.8104.
Thank you, on behalf of all who battle cancer.
CT Challenge is a 501(c)(3) public charity registered under the name Connecticut Challenge. Donations are fully U.S. tax deductible to the extent allowed by law. Tax ID#: 20-2777748