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.
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:
IRS identification #
FamilyMeans designated broker accounts are:
Brokers: Jess Peterson
RBC Wealth Management
Broker: Libby Strong
Please help us provide prompt acknowledgement of your gift! Contact us and provide the following information about your stock gift:
Purpose of Gift