Overview of Tax Benefits
A gift of appreciated securities held for
more than one year may provide
significant benefits to you as a
contributor, such as:
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Entitling you to a charitable income
tax deduction for the fair market
value of the gifted securities as of
the date of gift.
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Eliminating capital gains tax that
would ordinarily become due if you
had sold the appreciated securities
on the open market and donated the
proceeds from the sale to charity.
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Claiming your charitable deduction
against up to 30% of your adjusted
gross income. Any unused
deductions can be carried forward
over the next five years.
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Providing a way to help you to
achieve your long-term financial
objective of reducing your income
and estate taxes.
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If you have securities that have declined in
value over the years and are interested in
donating them to charity, you may find it
more advantageous to sell the securities
first and contribute the proceeds to
charity 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.
You should always consult wth your financial advisor before intiating a charitable gift arrangement.
Gifts of appreciated securities could provide even greater benefits to you through Planned Giving
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Ways to Give Securities
There are two ways to make a donation
of securities: by Physical Delivery or
through an Electronic Transfer
Authorization. Be sure to notify us of
your decision.
Physical Delivery
If you have physical securities, you
may deliver them in person, by
registered mail, or by courier to your
local ACS office. If they are
registered in your name, you will
need to provide an Irrevocable Stock/
Bond Power Form.
Get Form
Electronic Transfer Authorization
Your broker can electronically
transfer your securities to ACS.
Because this request must be made
in writing we provide an Electronic
Transfer Authorization form.
Get Form
Notify ACS
To ensure that we are able to ensure
proper acknowledgement of your gift
for income tax purposes, please
notify us in advance. You can notify us
online or complete a Gift Notification
form, which can be faxed to 404-329-
7790 or mailed to:
American Cancer Society
National Home Office
Attn: Chief Financial Officer
250 Williams Street, NW
Atlanta, GA 30303-1002
Notify Us Online
Get Form
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