We accept gifts of stock. It's a simple process. Next to cash, appreciated securities that are readily marketable are the assets most commonly donated to the Association. When you donate appreciated securities, you generally do not realize any capital gains tax. If you itemize your federal income deductions, you may also receive a federal income tax charitable deduction (up to 30% of your AGI with a five-year carryover) for the security's full fair market value if you have held it long-term (i.e., for longer than twelve months). If the donated securities were held short-term (i.e., twelve months or less), only your cost basis is deductible. Because of the potential double tax savings, a gift of appreciated securities usually has a lower after-tax cost than an equivalent gift of cash.

Gift of Stock

One of the most advantageous ways to contribute to the Association is a gift of stock. Making a gift of securities is simple and offers a number of valuable financial benefits:

• You can donate appreciated stocks, bonds or mutual funds;
• The total value of the stock upon transfer is tax-deductible;
• There is no obligation to pay any capital gains taxes on the appreciation.

To contribute stock please follow these easy steps.

The instructions linked above include all information necessary to contribute stock. If you have questions or need additional information you may call (212) 422-3520 ext 117 to speak with Donor Services.

Please note:

• Be certain to notify the Association of your/your client’s stock gift.
• Stock donations transferred directly to our broker arrive in our account with no donor information. For the Association to provide a receipt for a stock gift it is essential that we know the donor’s name and address as well as the type of stock, number of share and expected date of transfer.
• Notify the Association of your gift using our Stock Gift Notification Form, or
• Use the contact information in Step 2 of our instructions to notify the Association of your gift by e-mail, mail or phone.
• Should you require the Association Employer Identification Number (EIN)/Federal Tax Identification Number (TIN) 06-1635444.
• Receipts for stock gifts, provided that we have the donor’s contact information and gift details, are generally sent during the first week of the month following the month in which the stock transfer took place.
• Many mutual funds cannot be transferred directly into our account. If you are interested in making a gift of mutual funds please call (212) 422-3520 ext 117 to speak with Donor Services.

This Web site is designed to give you general information about various ways of giving to the Association, including some of the potential financial benefits. It is not intended to provide specific advice about the legal or tax implications of charitable giving. Before making a gift to the Association, you should consult with your accountant, counsel, or financial advisor for a thorough analysis of your individual situation and the tax consequences and to decide which of these ways of giving might work best for you.

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