- tool kits
The Oregon Cultural Trust is happy to accept contributions of stock.
In order for the Cultural Trust to accept the stock, you and/or your broker should contact the Oregon Cultural Trust to make the transfer.
Contact Kimberly Howard via email or phone, 503-986-0088 and provide the following information:
- Broker’s name, and phone number
- Name/Trading Symbol of Shares
- Number of Shares
- Anticipated date of transfer
This is the information your broker will need to make the transfer: The Oregon State Treasury, at State Street Bank & Trust Co. (DTC #0997), account number 597X (for the Oregon Cultural Trust).
Once the gift has been transferred to our account, our bank will sell the shares and report the amount of the proceeds to the Cultural Trust. We will send you a letter acknowledging the gift, and include the name of the stock shares, the number of shares received and the average price of the stock on the day it was received in our account. We recommend that you confirm the number with your tax advisor.
You may claim an Oregon tax credit for the amount you contributed to the Oregon Cultural Trust Fund (up to $500 for individuals, $1,000 for couples, or up to $2,500 for corporations) provided that you made equal or greater contributions to one or more qualified cultural organizations in Oregon in the same tax year.
If you have any questions about gifts of stock, please contact Shannon Planchon at 503-229-6062.