Stocks and Shares
Tax-wise Giving for USA Taxpayers
If you are looking for a “tax-wise” way to contribute to Vision for Israel, have you considered donating shares of appreciated publicly traded stock or securities you may be holding that you have held for 12 months or longer?
Donated shares of publicly traded securities are fully tax-deductible* at market value regardless of the amount of the untaxed capital gain. You avoid the capital gains tax but get a full deduction for the value of the securities!
*Up to a limit of 30 percent of your adjusted gross income on your
Federal tax return. Before making any gifts, you should consult your own tax advisor for how these rules impact you.
To Donate Stock Shares
For reasons of confidentiality, donors’ names do not appear on the incoming stock transactions we receive in our investment company account. So, please call us, or have your broker do so, at 704-583-8445 or email us at email@example.com to let us know when your stock donation will be transferred to us so we can be sure that you are sent a letter of acknowledgment for your contribution. Please also let us know if you would like your donation to be used for a specific project so we can apply it as you wish.
Please provide the following information:
▪ Your name and contact Information
▪ Transfer confirmation
▪ Name of stock and symbol
▪ Number of shares
▪ Date of transfer
Gifts of Stocks or Securities should be transferred to:
Vision for Israel
Fidelity’s DTC #: 0226
VFI’s Fidelity Account Number: Z73-412880
Stock Donations can be applied to the following Designated Projects:
- Aid to the poor in Israel
- Educational Advancement
- Medical & Disaster Relief
- Building & Development
After we receive the gift of stock or mutual fund shares, VFI will liquidate the shares and send you a Gift-in-Kind receipt. This acknowledgment lists the name of the stock or mutual fund, the number of shares, the date the shares were received into our account, and that no goods or services were received by you in exchange for the gift.
The fair market value of your gift is the average price of the stock or mutual fund on the day it was received into our account multiplied by the number of shares donated.
For more information:
If you have any questions or wish to start the process for your stock gift, please email us at firstname.lastname@example.org, or call us at 1-704-583-8445.
This notice is designed to provide information and illustration of the subject matters covered. It is not intended, nor should it be used as legal, accounting, or other professional advice. Please consult with your legal and/or tax advisor for further tax or legal considerations.