Stocks and Securities
Make an impact by donating appreciated securities, including stock, bonds, and mutual funds, directly to charity. Giving appreciated securities you've held for more than a year may provide you with more tax benefits. If you donate stock that has increased in value since you bought it more than a year ago - and if you itemize deductions - you can take a charitable deduction for the stock's fair market value on the day you give it away. Marketable securities are transferred electronically to an account maintained by a brokerage firm representing Midwest Food Bank. All marketable securities will be sold promptly upon receipt.
Gifts of marketable securities can be processed through ARK Financial.
Charles Schwab & Co, Inc.
Account name: Midwest Food Bank NFP Attn Eric Hodel
Account number: 1842-1611
If you desire to designate a specific Midwest Food Bank division, please note this on the gift.
IRA Qualified Charitable Distribution
IRA Qualified Charitable Distribution is another giving option that offers charitable benefits to eligible donors. To learn more about this donation opportunity, read more here.
Midwest Food Bank partners with the National Christian Foundation for Charitable Annuities.