PUBLICLY TRADED SECURITIES
Gifts of publicly traded securities that have appreciated in value allow you to avoid capital gains taxes while also receiving a tax deduction for your gift. If you give appreciated securities that you have held longer than one year, you are entitled to a charitable deduction from your income tax for the full fair market value of the securities regardless of what you originally paid for them. You may also give appreciated securities that you have held for less than one year; however, your charitable deduction will be limited to your tax basis in the securities rather than fair market value.
The American India Foundation benefits from your generosity by selling the stock without paying taxes on the gain, and with that is able to invest in advancing the organization’s mission.
Publicly traded securities may be transferred electronically from a brokerage account to AIF. Please reference this additional information on making a transfer.
To ensure that your gift is properly credited, please contact us at AIF before you make the gift.
*AIF is a 503(c)(3) tax-exempt organization (Federal Tax ID #13-4159765), and donations are tax-deductible or excluded from taxable income to the extent allowed by law. AIF is not a legal or tax advisor. Please consult your legal or tax advisor to discuss your particular situation, including any impact of your state’s tax laws.