Giving stocks or mutual funds is a win-win for you and for the disabled veterans we serve. By transferring securities directly to DAV, you can avoid paying capital gains taxes and claim a charitable deduction for the full value of the gift if you itemize. As a tax-exempt organization, DAV will benefit from the full value of your gift.
If you are considering a gift of securities or have any questions, please email firstname.lastname@example.org or call 1-800-216-9802, ext. 1. We are happy to provide you with stock transfer instructions including our financial Institution’s DTC number and DAV’s stock account number.
Please note that many stock transfers are processed through financial institutions without any donor contact information, making it difficult to properly acknowledge your gift. Before initiating your transfer, it would be great if you could email us at email@example.com to provide the information below:
- what stock you will be sending
- the number of shares or its approximate value
- your name and address
We will then inform our financial institution of what stock to expect, and can later match the gift to you for acknowledgment purposes.
Through our friends at Freewill, we now have an online stock donation tool that is designed to make the donation process simpler than ever!