Your gift of securities will entitle you to a federal income tax charitable deduction when you itemize your tax returns. And in the case of appreciated securities, you may deduct the full fair market value of your gift once you have held onto the securities for at least one year. You may use your deduction up to 30% of your adjusted gross income and are permitted to carry any unused deduction forward for up to five additional years.
In addition, you will avoid paying capital gains tax on all stock that you chose to donate to Planned Parenthood Arizona.
How Can I Make a Gift of Stock?
You can authorize your stock broker or your bank to complete the transfer process. Please instruct your broker or bank to call to speak with someone on our donor services team.
If you hold the physical securities, you can directly mail or hand deliver the certificate(s) without any endorsement or assignment to:
Planned Parenthood Arizona
4751 N 15th Street
Phoenix AZ 85014
Or call 1-800-230-7526