There are many tax benefits to giving stock or other securities such as bonds or mutual funds to the Alliance. If you have held your stock for more than one year and it is now worth more than you paid for it (appreciated), you could receive a greater tax benefit than if you had given cash.
By donating appreciated stock, you could avoid paying capital gains taxes that would otherwise apply if you had simply sold the asset. In addition, you will receive a tax receipt for the current fair market value of the stock on the date of transfer, no matter what you originally paid for it.
Please consult with your accountant or a qualified tax professional regarding charitable tax deductions. Follow these steps:
- Please call 202-638-4725 or email email@example.com to notify us of your intent to donate stock to the Alliance.
- Please transfer gifts of securities to our account at RBC Wealth Management:
DTC number: 0235
Account number: 306-22297
Account name: The Land Trust Alliance, Inc.
If you have any questions, please contact our broker:
RBC Wealth Management
25 Hanover Road
Florham Park, NJ 07932
1-866-255-9964 | firstname.lastname@example.org
The Land Trust Alliance is a 501(c)(3) nonprofit charitable organization. All contributions are tax-deductible to the extent allowed by law.