What is Stock Donation?

It is about making a bigger impact by donating long-term appreciated securities, including stock, bonds, and mutual funds, directly to Somerville Homeless Coalition.

Compared with donating cash, or selling your appreciated securities and contributing the after-tax proceeds, you may be able to automatically increase your gift and your tax deduction.

How can I donate?

Our Brokerage account is with Charles Schwab

Here are the details you need from us:

  • Receiving Institution Account Number: 73639694

  • Account Title/Registration: Somerville Homeless Coalition

  • Contact Name at Charitable Organization: Devin Ashe, [email protected]

  • Telephone Number: 617-623-6111

  • Mailing Address: One Davis Square, Somerville, MA 02144

  • Receiving Institution: Somerville Homeless Coalition

  • DTC Number: 0164

  • Tax exempt ID number: 04-2897447

  • Advisor at Charles Schwab: Andrew Kling, 617-713-3318, 1262 Boylston Street, Chestnut Hill, MA 02467

Thank you for your kindness