Many supporters of Care Net choose to make gifts of cash, stock or appreciated securities. 

When a gift of stock or other appreciated securities is made, the donor pays no capital gains tax and may deduct the current fair market value of the gift from 60% to 100% of the donor’s adjusted gross income. Any deductions exceeding the amount currently deductible may be carried forward over five years. The fair market value for gifts of stock will be calculated based on the average high and low value of the stock on the day in which the stock is transferred.

Care Net is a 501(c)(3) charity registered as Pregnancy Center of Northern Kentucky, doing business as Care Net Pregnancy Services of Northern Kentucky. You should always check with your tax or financial advisor before determining the form of your gift.

Instructions for Making Gifts of Cash, Stock or Appreciated Securities

1. Notify your broker/financial advisor (preferably in writing) that you wish to make a gift of cash or stock to Care Net. Also, determine if your gift will be a direct buy and sell transfer or if you prefer to participate in a Donor Advised Fund. Give your broker the name of the stock and the number of shares you wish to gift as well as the organization’s name, EIN number, account number and DTC number. (See 2 and 3 below).
2. You or your broker/financial advisor should notify Care Net of your intent to donate. Care Net’s information is: Lyndi Zembrodt Care Net Pregnancy Services of Northern Kentucky P.O. Box 17688 Covington, KY 41017 Phone: (859) 431-9178>
3. To make the transfer, your broker/advisor will need Care Net’s EIN and account number along with the DTC code, these numbers are as follows: Fidelity Account #: Z49-467693 DTC#: 0226 EIN: 61-1351706 Pregnancy Center of Northern KY, DBA Care Net Pregnancy Services of Northern Kentucky
4. Once you have made the transfer, the stock will be sold.