Stock Transfer Instructions

Contributing Stock:

 Donors are always looking for ways to make their charitable dollars go farther and make more of a difference to the causes they care about. Donating long-term appreciated securities directly to Center, rather than selling the assets and then donating the cash proceeds — is one of the best and easiest ways for donors to give more. By taking advantage of the applicable tax incentives, donors can significantly increase the amount of funds available to them for charitable giving.

 

One of the most tax-efficient ways to give:

Any long-term appreciated securities with unrealized gains (meaning they were purchased over a year ago, and have a current value greater than their original cost) may be donated to a public charity and a tax deduction taken for the full fair market value of the securities — up to 30% of the donor's adjusted gross income. Since the securities are donated rather than sold, capital gains taxes from selling the securities no longer apply. The more appreciation the securities have, the greater the tax savings will be.

Donating Appreciated Securities: A Win-Win for Donors and Charities Alike!

You should inform the Synagogue of the following information:

IMPORTANT

1.            Your name

2.            The name of stock being transferred

3.            The number of shares being transferred

4.            When the transfer has taken place

5.            To which areas you would like the donation designated

This above information may be directed to:

Executive Director, Gilbert Kleiner, FSA by the following methods:

1.            Phone:  904-292-1000

2.            Email:  [email protected]

 

You should always discuss the tax benefits with your tax advisor.