Donate Stocks
One of the biggest tax advantages in charitable giving continues to be the double benefit donors get when donating appreciated assets to the Rhode Island College Foundation instead of cash. By giving appreciated assets (like stocks held for more than one year), you'll get a charitable tax deduction for the full value of the asset and avoid any capital gains tax that would have applied if you had sold the stock and made your gift in cash.
Please provide the following information in your request when directing your broker to transfer your shares to the RIC Foundation:
- the Rhode Island College Foundation
- 600 Mt. Pleasant Ave.
- Providence, RI 02908
- EIN: 056049721
- the RIC Foundation's Account Name: Rhode Island College Foundation
It is important to notify the Rhode Island College Foundation of the specifics of this transaction (stock name, share quantity, gift designation) so we can credit your gift appropriately. Please contact us at 401-456-8087 or eshoen@ric.edu.