Make a Stock Gift

A charitable contribution of long-term appreciated securities – i.e. stocks, bonds and/or mutual funds that have realized significant appreciation over time – is one of the most tax-efficient ways to give to the Jewish Federation of Western Massachusetts. Donating stock, instead of cash, benefits both parties.

If the stock has increased in value from the time of purchase, the owner can avoid paying the capital gains tax by donating the security to another party. When the security is being donated to the Federation, the total amount will still be eligible for a tax deduction. Because taxation is avoided on the stock donation, the donor will be able to make a larger donation.

Please instruct your broker to forward the Stock Gift to:

Vanguard

DTC# 0062

Brokerage Account # 45433480

JEWISH ENDOWMENT FOUNDATION OF THE JEWISH FEDERATION OF WESTERN MASSACHUSETTS INC

Tax ID # 04-2127023

If a mailing address is required:

Vanguard

P.O. Box 982901

El Paso TX 79998-2901

 

Please email our financial controller, Bruce Turcotte, the following information:

  • Name of the company the shares represent
  • Number of shares
  • Approximate value of shares
  • Date of transfer