Organizational Status

The Schumacher Center for a New Economics is a Massachusetts non-profit organization.  

It received tax exempt status as a 501(c)(3) educational organization from the Internal Revenue Service.

Donations to the Schumacher Center are tax-deductible.

 

Documents:

 

Donations of Stocks and Mutual Funds

You may have highly appreciated stocks or mutual funds that you are holding on to because you do not want to pay capital gains taxes. By donating appreciated investments to a qualifying nonprofit, including the Schumacher Center for a New Economics, you avoid paying the capital gains tax and can take a deduction for the fair market value of the investments.

 

Delivery Instructions for Stock Gifts:

DTC Brokerage Firm is Northern Trust DTC #2669

The receiving institution account number for Salisbury Bank and Trust Company is #1769531

Account Title: O/A Schumacher Center for a New Economics

Account Number: 68797007

 

Please provide advance notice of stock gift to:

Michele LaPlante, trustoperations@salisburybank.com

Telephone 860-453-3401

Salisbury Trust and Wealth Advisory Services

A division of Salisbury Bank and Trust Company

P.O. Box 1868 — 19 Bissell Street

Lakeville, CT 06039

 

Organizational Status