There are many diverse, creative ways you can support coral reefs and ensure they’re here and thriving for generations to come. Please contact us to discuss these options in more detail.
Amplify
Contribute through Your Workplace
Does your employer offer giving programs such as pre-tax payroll deduction or employee matching? If so, this could be a great way to make an even greater impact in supporting CORAL. If you’re a federal employee, please consider designating CORAL as one of the beneficiaries of your contributions—our CFC number is 10418.
Host Your Own Online Fundraiser
Create a fundraiser for CORAL, then share it on social media, text, and email to your friends and family. This is a great way to celebrate a birthday, holiday, or just because. It’ll also encourage your friends to help save coral reefs.
Honor a Loved One
Celebrate someone special by making a gift “in honor” or “in memory” of them. Your donation will not only help coral reefs around the world, but also your honoree will become part of CORAL’s reef-saving community. With a tribute donation of $100 or more, we’ll acknowledge your special gift and recipient name in the next issue of our print magazine, the CORAL Current, shining a spotlight on both you and your person of honor.
Invest
Give Stocks & Other Assets
Donating stock directly to CORAL is a great way to contribute to coral reef conservation while reducing your tax burden. When you donate appreciated securities (investments that have increased in value from the time they were purchased), you may be able to take advantage of IRS tax provisions to claim a charitable tax deduction for the full, fair market value of the securities. This means you may avoid paying capital gains tax on the transfer. In some cases, this may result in a larger donation for CORAL than if you donated the cash from the sale of those stocks. That’s a win-win for you and for coral reefs! Your financial advisor can explain the possible tax benefits depending on whether the stock has appreciated or lost value since the time you acquired it.
Ready to make a stock gift? Here’s how:
Step 1
Choose what type of stock and how many shares you want to donate
You’ll need to know the name of the stock and its ticker symbol if it is a publicly-traded stock. For non-publicly traded stock, please contact us at (800) 343-3548.
Step 2
Contact your financial institution to request the transfer
Provide your advisor or broker with the following wiring instructions:
DTC ID #0226 for further credit to Coral Reef Alliance
Account Number: Z 4027 7010 at Fidelity Investments
Step 3
Contact us to inform us of your gift
Please contact us at (800) 343-3548 or payments@coral.org to let us know that you are gifting stock to CORAL. We will keep an eye out for the transfer.
Step 4
Receive a tax receipt and acknowledgment letter from CORAL
You’ll receive an acknowledgment/tax letter following your donation to confirm your gift was processed. You will need this letter to report your donation to the IRS on your tax returns.
Click here for important financial information related to your stock gift to CORAL.
Donate through a Donor Advised Fund (DAF)
Give through your existing DAF account or create one with CORAL.
Giving through a Donor Advised Fund (DAF) can be a powerful way to donate to CORAL while taking advantage of tax strategies to help save money when it comes time to pay the tax bill. If you would like to learn more about how a DAF could enhance your philanthropic journey, or if you’re already using a DAF and would like to leverage it to the fullest extent, please don’t hesitate to reach out to our team. While we do not provide financial advice, we are happy to help lay out some of the advantages of using a DAF. Contact our Development and Marketing Director, Mandy Norman at mnorman@coral.org or (510) 370-0506 for more information.
To learn more about DAFs or how you can maximize the benefits of your existing DAF, watch our webinar: Creative Ways You Can Give To CORAL and Save On Taxes Along The Way. This 30-minute discussion will walk you through the advantages of using a DAF and the basics of setting one up.
Contribute Crypto and Digital Assets
Donate NFTs or crypto to CORAL through a donor-advised crypto-giving platform, such as Charityvest, which allows you to select CORAL as a nonprofit beneficiary for blockchain donations. Search for The Coral Reef Alliance by name or by EIN# 94-3211245. Please email savecoralreefs@coral.org with any questions.
