Tax Advantage of Stock Gifts

Example: If you purchased some stock many years ago for $1,000, and it is now worth $10,000, an outright gift of that stock to Defenders would result in a charitable deduction of $10,000. In addition, you permanently avoid paying capital gains tax on the $9,000 appreciation.

Giving long-term appreciated stock to Defenders of Wildlife offers you savings in two ways. First, you avoid paying any capital gains tax on the increase in value of your stock. Second, you receive a tax deduction for the full fair market value of the stock on the date of the gift.

Remember that you can completely avoid the capital gains tax by making a charitable gift of stock. Please note, too, that the stock contributed needs to have been held by you for more than 12 months to garner the greatest tax savings.

Save Wildlife and Taxes
Save something wild and enjoy tax advantages by making a gift of stock to Defenders of Wildlife. Here is all you have to do:

First, let us know the stock is coming and the type and number of shares that will be transferred. We need this information to credit you properly and issue the receipt you will need for tax purposes.

1) Electronic Transfers
If your gift will be transferred electronically by DTC, have your broker deliver the stock to the following account:
Morgan Stanley
DTC ID # 0015
Account # 642-5203 03-071
Account Name: Defenders of Wildlife
Tax ID # 53-0183181

2) Stock Certificates
If the stock is in certificate form, mail the certificate and a completed stock power form (available from your financial services provider) in separate envelopes to the address below. For security purposes, send the certificate by registered mail with return receipt requested to:

Annie Nussbaum
Defenders of Wildlife
1130 Seventeenth Street, NW
Washington, DC 20036

For more information about how to transfer securities to Defenders of Wildlife, please contact Annie Nussbaum at (877) 747-5629 or via e-mail.