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Oakland Literacy Council

Making Reading Accessible For Everyone

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Gifts of Stock

Galia was able to gain independence and open her own business with the help of her tutor. Read Galia’s story.

You can also donate stock directly to the Oakland Literacy Council. Your broker can assist you in making a gift of appreciated stock or mutual fund via a direct transfer to the Oakland Literacy Council. You can benefit you in two ways: you receive a charitable income tax deduction for the full fair market value of the securities, and at the same time you may avoid capital gains taxes on appreciated stock and the Oakland Literacy Council benefits by receiving the full value of the security.

In order to transfer securities,  give your broker the following information:

Please transfer stocks to:

Brokerage: LPL Financial

DTC#: 0075

Account #: 5373-9743

Name: Oakland Literacy Council

Tax ID: 38-2839173

Oakland Literacy’s Policy is to immediately sell all stock gifts and deposit the proceeds from the sale into the Council’s bank account immediately.

In order to ensure proper donation credit, please notify the Oakland Literacy Council at lisa.m@oaklandliteracy.com that a stock transfer has been made.

Make a dream come true in 2023!

https://www.oaklandliteracy.com/wp-content/uploads/2022/12/Students-of-OLC.mp4

For over 37 years, the Oakland Literacy Council (OLC) has enabled adult students to achieve individual literacy goals through a partnership with trained volunteer tutors. OLC serves native-English speaking adults who need basic reading, writing, and math skills (adult basic education — ABE), and foreign-born adults who need English reading, writing,  or conversation skills (English Language Learners — ESL).

The Oakland Literacy Council is a not-for-profit 501(c)3 tax-exempt entity that relies on the financial support of individuals, businesses, community organizations, and foundations to fulfill its mission. Your tax-deductible financial gift can be made online, by mail or by Donor-Advised Fund. The Oakland Literacy Council also welcomes gifts of Stock and Legacy Gifts.

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Oakland Literacy Council 51111 Woodward Ave., Suite 720 Pontiac, MI 48342 (248) 253-1617

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