Overview
Gifts of appreciated securities
Chain Bridge Bank, N.A. can accept gifts of appreciated securities (securities that have increased in value since they were acquired) for its nonprofit clients and political committee clients alike, including federal and state committees, PACs, and 527 organizations. The service is provided through the agency, custody, and investment management accounts of the Trust & Wealth Department, a department of a national bank “authorized to exercise full trust powers under 12 C.F.R. Part 9.”
In practice, the donor’s broker delivers the securities to the client’s account at the Bank. The Trust & Wealth Department receives the shares and then retains or sells them according to the account’s objective and the client’s instructions, with sale proceeds credited to the account. The Trust & Wealth Department serves clients nationwide and across Northern Virginia and the Washington, D.C. region from the Bank’s office in McLean, Virginia.
Informational only. This page describes services available through the Trust & Wealth Department of Chain Bridge Bank, N.A. It is general information and is not investment, legal, tax, or accounting advice. A gift of appreciated securities can have tax consequences, and a contribution of securities to a political committee is subject to valuation and reporting rules under the Federal Election Commission or applicable state law. For guidance on your situation, consult your own tax adviser and legal counsel.
Who the service is for
Political committees and nonprofits alike
Political organizations
Political committees
Federal and state political committees, PACs, Super PACs, and 527 organizations can receive in-kind contributions of appreciated stock from eligible contributors, subject to applicable contribution limits. The Trust & Wealth Department can receive the donated securities into the committee’s account and, at the treasurer’s instruction, sell them and credit the proceeds to the committee’s operating account at the Bank.
Valuation and reporting of in-kind contributions are governed by the FEC or applicable state law and remain the committee’s responsibility, working with its own counsel or compliance firm. See Political Committees for the Bank’s committee banking services.
Charitable and exempt organizations
Nonprofit organizations
Charities, foundations, trade associations, and other nonprofit organizations can accept donated securities through an agency, custody, or investment management account with the Trust & Wealth Department. Many donors prefer to give appreciated securities rather than cash; an account that can receive them removes a practical barrier to that gift.
See Nonprofit Organizations for the Bank’s nonprofit banking services.
How gifts are handled
Three steps, according to your account
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The donor initiates the transfer
The donor instructs their broker to deliver the securities to the client’s account with the Trust & Wealth Department. The relationship team provides the delivery instructions.
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The Trust & Wealth Department receives the securities
The shares arrive in the client’s agency, custody, or investment management account and are recorded for the client’s records.
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Retain or sell, per the arrangement
Exercising the Bank’s fiduciary powers under 12 U.S.C. § 92a and 12 C.F.R. Part 9, the Trust & Wealth Department retains or sells the securities according to the account’s objective and the client’s instructions. Sale proceeds are credited to the account.
How your account type applies
- Investment management and agency accounts: the Trust & Wealth Department handles the gift consistent with the account’s agreed objective.
- Custody accounts: the client retains investment authority; the Department holds the assets and acts on the client’s instructions.
- Political committee accounts: the treasurer, or the committee’s compliance firm, directs receipt and sale; the Department acts on those instructions.
Frequently asked questions
Questions about stock donations
Can a political committee accept stock donations?
Yes. Federal and state political committees, PACs, and 527 organizations can receive in-kind contributions of appreciated securities from eligible contributors, subject to applicable contribution limits. The Trust & Wealth Department of Chain Bridge Bank, N.A. can receive the shares into the committee’s account and, at the treasurer’s instruction, sell them and credit the proceeds to the committee’s operating account. Valuation and reporting under FEC or state rules remain the committee’s responsibility; consult the committee’s counsel or compliance firm.
How does a nonprofit accept stock donations?
Through an agency, custody, or investment management account with the Trust & Wealth Department. The donor’s broker delivers the shares to the organization’s account; the Department receives them and, per the organization’s arrangement, retains or sells them with proceeds credited to the account.
How does a donor deliver securities to the Trust & Wealth Department?
The donor instructs their broker to transfer the securities to the client’s account with the Trust & Wealth Department of Chain Bridge Bank, N.A. The relationship team provides the delivery instructions and confirms receipt with the client.
What records does the Trust & Wealth Department provide for a stock donation?
The Trust & Wealth Department provides account statements and transaction confirmations documenting receipt of the shares and any sale, which support the organization’s recordkeeping. Donor acknowledgement letters, valuation for tax purposes, and IRS reporting remain the organization’s responsibility, working with its own advisers.
Are there tax consequences to a gift of appreciated securities?
A gift of appreciated securities can have tax consequences for both the donor and the recipient, and the rules for charities differ from those for political organizations, which are taxed under section 527 of the Internal Revenue Code. A later sale of the securities can also have tax consequences. Chain Bridge Bank, N.A. does not provide tax or legal advice. For guidance on your situation, consult your own tax adviser and legal counsel.
Get started
Open a stock donation account
A stock donation account is opened in the Trust & Wealth Department. How to begin depends on whether your organization or committee already banks with Chain Bridge.
Existing clients
Call your deposit relationship team
Your relationship officer coordinates with the Trust & Wealth Department to open a stock donation account alongside your existing accounts. If you do not have your officer’s direct number, call (703) 748-2005.
New to the Bank
Call the trust officers
Jennifer A. Crane, J.D.
VP & Director of Fiduciary Strategy
The team serves clients nationwide from the Bank’s office in McLean, Virginia. Full biographies are on the Trust & Wealth Professionals page.
Agency, custody, and investment management services are provided through the Trust & Wealth Department of Chain Bridge Bank, N.A. This page is general information about those services and is not investment, legal, tax, or accounting advice. The terms of each engagement are governed by the applicable account agreement. Investment products offered through the Trust & Wealth Department are not FDIC insured and are not deposits, and may lose value.
Last reviewed: July 6, 2026
