Donate Stock to Chabad

Donating stock is a meaningful and tax-efficient way to support Jewish life in Palmetto Bay.

Many donors choose to give appreciated securities as a way to maximize their impact while avoiding capital gains taxes on the market value appreciation of the shares.

How to Transfer Stock Electronically That is Held in a Brokerage Account

Transferring shares electronically via DTC (Digital Transport Communications) is the easiest way to give stock.

Step One:

Direct your broker or custodian bank to make the transfer to Chabad of Palmetto Bay. Your broker or custodian bank is likely to ask you for a letter of instruction before the transfer can be made. Provide the following DTC transfer information for Chabad of Palmetto Bay to your broker or custodian bank:

Organization Legal Name:
Chabad of Palmetto Bay

Brokerage / Financial Institution:
Fidelity Investments

Account Type:
Brokerage Account

DTC Number:
0226

Account Number:
Z33738752

EIN (Tax ID):
26-1368692

Reference your name & purpose of gift (without this note, gifts are difficult to identify)

Step Two:

Notify Chabad of Palmetto of your gift. Send a copy of your letter of instruction via any of the following methods:

Email: [email protected]
Mail: 16721 SW 78th Court  Palmetto Bay, FL 33157-3789

Please be sure to include the following information:

• Number and type of shares
• Company name(s)
• Purpose of gift
• Date that you instructed your broker to make the transfer
• Name of brokerage
• Brokerage account representative