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You pay no capital gains tax on stocks and securities donated to a charity. You will receive a tax receipt for the closing value of the shares on the day you donated them to Covenant House New Jersey. This will result in tax credit on your income tax return.

Donate Stocks

Donate Stocks

You pay no capital gains tax on stocks and securities donated to a charity. You will receive a tax receipt for the closing value of the shares on the day you donated them to Covenant House New Jersey. This will result in tax credit on your income tax return.

To make a stock transfer to Covenant House New Jersey, please provide the following information to your broker:

Schwab:

Acct# – 9452-2699

DTC# – 0164


Have a question about the donation of stocks?

For more information and assistance, please contact:

John Porcaro
Director of Finance
JPorcaro@covenanthouse.org
973-286-3406

Are you a youth in need of help?

Yes