NSCS Donations: Gifts of Stock

The North Shore Choral Society is the grateful recipient of contributions from its audience, membership, local businesses, and the community.  Making a gift of appreciated securities may be a convenient way to support NSCS while at the same time generating tax savings. In many cases, you may be able to avoid capital gains taxes by transferring the appreciated asset rather than selling it and donating the proceeds. As always, NSCS encourages you to discuss such options with your financial professional or tax advisor.

Here is the information your broker needs in order to transfer donated stock shares to NSCS:

Brokerage Agency:  Vanguard Brokerage Services 
DTC Participation Number:  0062
For Credit to Account Number:  31494504
For Benefit Of:  North Shore Choral Society
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For information at Vanguard Brokerage call 1-800 992-8327

After receiving donated shares in our Vanguard Brokerage Account, we will sell them and deposit the proceeds into our bank account, and we will gratefully furnish you a tax letter. Feel free to contact the North Shore Choral Society's General Manager with any questions