Gifts of appreciated marketable stocks have long been considered the ‘best value’ in charitable giving. When you contribute appreciated securities that you have held for longer than one year, in addition to a charitable contribution tax deduction, you are generally able to avoid paying capital gains tax on the increase in value of the assets in the USA).
If you have securities that have declined in value over the years and are interested in donating them to ALS Worldwide, you may find it more advantageous to sell the securities first and contribute the proceeds to ALS Worldwide as opposed to donating the securities outright. This strategy should allow you to claim a deduction for both the loss from the sale of the securities as well as the charitable gift.
If you are considering donating stock that is subject to a cash merger or tender offer, it's important for you to note that you will be subject to tax on the capital gain even though the shares were transferred to us before the tender offer became effective (in the USA).
You should always consult with your financial advisor before initiating a charitable gift arrangement.
Ways to Give Securities
Gifts by Electronic Transfer
The easiest way for you to gift stock or securities to ALS Worldwide is through an electronic transfer (DTC) from your brokerage account to ALS Worldwide’s account.
Please remind your broker to include your name, contact information and special instructions for the transfer. This information is essential for timely acknowledgement. When stocks are transferred electronically, we are informed only of the stock name and the number of shares, not the name of the donor.
Complete the Electronic Transfer Authorization Form (PDF) and give it to your brokerage/broker.
If you have physical securities, you may deliver them in person, by registered mail, or by courier to ALS Worldwide, 5808 Dawley Drive, Madison, WI 53711, USA. If they are registered in your name, you will need to provide an Irrevocable Stock/ Bond Power Form.
For more information, please contact:
Barry Wein, ALS Worldwide’s Deputy Executive Director
[email protected] • 608-630-0406