Giving stock and securities is a quick, easy way to invest in the financial capacity that strengthens programs and services designed to help seniors live better and healthier. It is also a cost-effective and tax wise way to fulfill your charitable and financial goals.

Your broker can transfer stock electronically to the Bay Aging account at Davenport & Co. For instructions please contact Bay Aging’s Chief Financial Officer at 804.758.2386 or e-mail Diana Giles

Because complete donor information in electronic transfers is not always provided, please alert Bay Aging in advance of your transfer by providing the stock name and number of shares you plan to give. Once transfers are complete, Bay Aging will provide you with proper tax acknowledgement. Please know that the IRS dictates that stocks be valued based on the average stock price on the date they are received into the Bay Aging account. This may differ from your statement value.

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