Gifting Stock & Property
Stock Gifts:
If you have appreciated stock holdings, you can make a contribution to Sunset Center by transferring stock. In doing so, you avoid paying capital gains taxes, and receive a deduction for the stock's full fair market value up to a certain percentage of your adjusted gross income as determined by the IRS (please consult your accountant or financial planner for more information on deductibility).
The stock is sold immediately upon receipt into our account. The value of your stock gift is based upon the mean price on the day it is transferred. If you would like to make a gift of stock, the following information is provided for your convenience:
Sunset Cultural Center
Account # 1138 - 8757
Charles Schwab & Company
We also ask that you please notify our office of your gift by contacting our Development Department at 831.620.2085 or development@sunsetcenter.org
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Property:
Donate Your Car!
Donate Your Car Today and Support Sunset Center!
It's easy, convenient and pick up is free. Donating your used vehicle - car, truck, RV, boat, or motorcycle is a great way to help support and sustain Sunset Center. Plus, you will enjoy a tax deduction as long as your vehicle is worth more than $500.
To learn more, simply visit the website of the Center's partner, Charitable Auto Resources, or if you're ready to donate now, call them toll-free at (877) 537-5277 to speak to a Vehicle Donation Representative, who will explain the program, schedule a pickup that's convenient for you, and provide a confirmation of your donation.
If the gross proceeds from the sale of your donated vehicle are $500 or more, and if you provide your Social Security number to a Representative at the time of your donation, you will also receive an IRS tax form 1098C stating the sale price of the vehicle. This amount is what you actually claim on the itemized tax return. According to the tax law, if the claimed value of the donated vehicle exceeds $500, the taxpayer is limited to the gross proceeds of the sale.
CLICK HERE to donate your car to Sunset Center!