Better is Possible.
Gift of Stock
You can give FamilyMeans a gift of securities, including stocks, or mutual funds that have appreciated in value. Gifts of publicly traded securities provide a double tax benefit. You can avoid a capital gains tax on appreciated securities, and you can receive a charitable income tax deduction for the full fair market value of the securities.
According to IRS Guidelines, the date and value of your gift are determined by the date on which FamilyMeans takes control of the securities.
Transferring Stock to FamilyMeans
When the stock is held by your stockbroker, call your broker with instructions to make the transfer to the FamilyMeans account listed below. Your broker may ask you for the following information to start the transfer process:
|
Legal Name: FamilyMeans |
Non-profit status: IRS identification # |
FamilyMeans designated broker accounts are:
|
Edward Jones Brokers: Pam Johnson |
|
Please help us provide prompt acknowledgement of your gift! Contact us and provide the following information about your stock gift:
Name
Address
Stock Name
Approximate Amount
Purpose of Gift
FamilyMeans is a 501(c)3 non-profit organization (EIN 41-6045574). As such, gifts to FamilyMeans are tax deductible according to IRS regulations.