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:
Brokerage Account # 45433480
JEWISH ENDOWMENT FOUNDATION OF THE JEWISH FEDERATION OF WESTERN MASSACHUSETTS INC
Tax ID # 04-2127023
If a mailing address is required:
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