Help Planned Parenthood Mid-Hudson Valley with a Gift of Stock
Donating an appreciated asset may allow you to avoid a significant portion of your tax liability while still receiving a charitable deduction.
The gift of an appreciated asset is a powerful way to support Planned Parenthood's work. While this giving strategy has many obvious benefits, no doubt the most important is the satisfaction of knowing that your support helps advance reproductive and sexual healthcare in the mid-Hudson Valley.
Benefits You Receive from Your Gift of Stock
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 Mid-Hudson Valley.
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 transfer the shares to Stifel Nicolaus. Our broker is Peter Sabatino (845) 471-8080. The account # is: 2175-2426. The DTC # is: 0793.
If you hold the physical securities, you can directly mail or hand deliver the certificate(s) without any endorsement or assignment to:
Planned Parenthood of the Mid-Hudson Valley, Inc.
Attn: Kathryn Cousins
178 Church St.
Poughkeepsie, NY 12601
I've Already Made My Gift. Now What?
Please notify us of all stock gifts. This will help us shepherd your gift securely through the transfer process.
Notify us by e-mail: [email protected]
Notify us by phone: 845-702-1958