We are excited to announce that we have established a relationship with Moler Capital Management, an independent Financial Advisory firm, which enables us to accept the donation of long-term appreciated securities (Stocks, Mutual funds, etc.) to benefit Wells of Life.

The great part of taking advantage of this new option is that it can provide a double tax benefit for our supporters. First, as with all gifts to Wells of Life, the full market value of the donated securities can be counted as a charitable deduction for tax purposes. The second benefit is that by donating long-term appreciated securities, you will not pay capital gain taxes on the appreciation of those assets. We believe this creates a Win-Win situation for our supporters. Moler Capital Management is a fiduciary, and manages our account at Charles Schwab & Co., Inc. on a pro bono basis as a part of their ministry to Wells of Life. In support of their work, we encourage you to consider Moler Capital Management to help with your retirement planning and investing needs.

Procedure for Giving Stocks and Securities

  1. Please fill out this form in its entirety. (Note: your broker may require you to fill out an additional brokerage-specific form too!)
  2. Provide a copy of this form to you broker, copies of the attached form should also be sent by fax or email to (1) Matthew McKinney at This email address is being protected from spambots. You need JavaScript enabled to view it., to alert him to the pending receipt of gift stocks in the Charles Schwab account.
  3. It is very important that the form goes to both your broker and Mr. McKinney at This email address is being protected from spambots. You need JavaScript enabled to view it., so that we can track the donation and ensure it gets credited to Wells of Life.
  4. The precise dollar value of a stock gift cannot be determined until the securities are received and sold by the donor, however the donor assumes a value equal to market on the date of transfer- see IRS Publication 526 for further details. We are not tax advisers and cannot offer tax advice. Please ask your tax adviser for further information if needed.

If you are interested in more information on how this works or have any questions about how to make a donation of securities to Wells of Life, please contact:

 

Matthew McKinney
Moler Capital Management, LLC
(949) 748-3993
This email address is being protected from spambots. You need JavaScript enabled to view it.
Fax: (949) 748-3995

 

Our Address

Wells of Life, Inc.
24800 Chrisanta Drive, Suite 200
Mission Viejo, CA 92691

Our Tax ID: 45-1496631

From the blog

Contact Us

Wells of Life, Inc.
24800 Chrisanta Drive, Suite 200
Mission Viejo, CA 92691

1-855-935-5763

EMAIL US

Nick Jordan - Executive Director
nick@wellsoflife.org

Michael Olson - Operations Manager
mike@wellsoflife.org