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Donating stock is a great way to support AIDG's work getting under-served communities renewable energy, sanitation and clean water. A gift of stock may also provide you with significant tax benefits.
The smart way to donate appreciated stock
If you want to donate appreciated stock that has been held for more than one year, the key to getting your tax savings is to donate the shares directly to AIDG. This way you can:
- Avoid capital gains taxes on the profits of the sale.
- Receive a tax deduction for the fair market value of the gifted securities as of the date of gift.
- Save current income for day-to-day needs because your stock gift isn't coming out of your cash flow.
The smart way to donate depreciated stock
If you want to donate depreciated stock,
it is generally best to sell the assets first, then donate the proceeds
to AIDG. That way you can claim both a loss deduction from the sale
and the charitable deduction on your taxes.
Note: Do consult with your financial adviser before moving forward with a charitable gift arrangement.
Making a stock gift is easy! Just use brokerage information below.
Brokerage House: Charles Schwab
Account Name: AIDG (Tax ID #: 68-0589005)
Account Number: 40113921
DTC Number: 0164
Please inform AIDG by mail or email of stock transfers so that we can
properly acknowledge your gift and forward information regarding your
tax deduction. Please include the following information in your letter or email.
- Donor's full name and complete address
- Name and number of securities transferred
- Date of the transfer
Send to:
AIDG
Attn: Catherine Laine
P.O. Box 104
Weston, MA 02493
Email: claine@aidg.org
Fax: 866-450-8016
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