Donating stocks and mutual funds can benefit Helen Keller AND you
Giving a gift of appreciated stocks or mutual funds that you have held for at least one year helps Helen Keller Intl ensure that every child has the opportunity to reach their true potential. And – it can benefit you too.
You’ll be able to claim the full market value of your stocks or mutual funds on the day you give them, without having to pay capital gains tax. You may be able to afford a larger gift – and make an even more significant impact — than you might be able to with a cash gift.
If you’re 70 or older, some years Congress allows you to give up to $100,000 directly from your Individual Retirement Account (IRA). This allows you to forego claiming the amount as income, and you can forego paying income taxes on this amount.
How to make a gift of stock or mutual funds
Please call (646) 472-0349 or email Natalie and Kristin at [email protected]. We’ll walk you through the process.
Please have handy the following information:
- Name of stocks or mutual funds
- Number of shares you are transferring or approximate value
- Brokerage house or accounting firm and contact name
- Your address, phone number, and email address
Thank you for helping us reach millions of children and families around the world.
Please note: Helen Keller cannot advise you on your personal tax situation. We suggest you discuss whether making a gift of stock, mutual funds, or a distribution from your Individual Retirement Account could be beneficial in your unique situation with your accountant, financial planner or administrator from your financial institution.