Donating stock or mutual funds is a tax-efficient way to make a lasting contribution to the Sierra. These gifts can provide you with considerable tax benefits.


There are significant benefits to making an outright gift of appreciated securities held long-term (one year and one day):

  • Income Tax Savings:
    By giving appreciated securities, you can take an income tax charitable deduction equal to the full fair market value of the security on the date it was given. Your deduction is available for the year you made the gift. As an added benefit, if you cannot take the entire deduction in the first year, there is a five-year carry-over for any excess.
  • Capital Gain Tax Savings:
    By donating appreciated securities, you can avoid capital gain taxes, which you would have incurred if you had sold the security. As a result, the full value of your shares will be used for conservation.

How It Works

If you purchased $5,000 worth of ABC Stock, and it is now worth $10,000, you can make a $10,000 gift to The Sierra Fund and realize the tax savings.

Making Your Gift

Securities Held By You

Mail or hand-deliver the certificate to:

The Sierra Fund
103 Providence Mine Road, Suite 101
Nevada City, CA 95959

In a separate envelope, mail or deliver to the address above a signed, blank stock or bond power for each security being sent. You may obtain blank powers from The Sierra Fund, your broker or your bank. Sign the power exactly as your name appears on the certificate or bond.

Please enclose a letter stating the purpose of your gift.

NOTE: If you are delivering stock by mail, we recommend that the stock certificate be sent by certified mail with return receipt.

Securities Held By Your Broker

Your gift can be electronically transferred to The Sierra Fund’s account at the Bank of America. When transferring stocks to this account, complete the Electronic Funds Transfer Form and mail or fax to The Sierra Fund at (530) 265-8176.

Another option is to inform your broker that you would like to donate securities to The Sierra Fund. Your broker/banker should contact The Sierra Fund to provide the details of the gift by calling (530) 265-8454, or by writing to:

The Sierra Fund
204 Providence Mine Road, Suite 214
Nevada City, CA 95959

For more information on gifts of securities, please e-mail or call (530) 265-8454.