Appreciated Securities Are you looking to stretch your giving ability? Giving appreciated stock or bonds to Mental Health America is usually more advantageous than giving cash. If you give appreciated securities held longer than one year, you can deduct their full fair market value, regardless of what you originally paid for them. Your total deduction is limited to 30% of your adjusted gross income in any year, but you can take any unused deduction over five succeeding tax years. And, you pay no capital gains tax on the donated securities! With these tax savings, the actual cost of your gift is less than if you made a cash gift. How to give securities
In a SEPARATE envelope, mail or deliver to the same address a stock or bond power for EACH security, left blank except for your signature. You may obtain blank powers from the Office of Planned Giving, your bank or your broker. Be sure to sign the power EXACTLY as your name appears on the certificate or bond. Your signature need not be guaranteed. By IRS rules, the date of your gift is the later of the two postmarks on the envelopes you send by mail. Please do NOT fill in Mental Health America's name as transferee on either the stock certificate or the stock power, and please do NOT send the stock certificate to a transfer agent for re-registration in Mental Health America's name. Trusts and life-income gifts If you are giving securities to fund a trust or a life-income gift such as a Charitable Remainder Trust or Charitable Gift Annuity, please contact the Office of Planned Giving for special transfer instructions. WARNING: Consult your legal and tax advisors before making any material decisions based on this information.
For more information E-mail us, complete the Personal Illustration form, or call us at (703) 838-7533 so that we can assist you. |
