Gifts of Stock and Securities
Donating stock or securities that have been held more than 12 months offers a number of benefits:
- A federal income charitable contribution tax deduction based on the stock’s fair market value on the date of the gift (up to 30 percent of your adjusted gross income) if the stock was owned for more than one year,
- Carry over of the deduction for up to five additional years if the fair market value of the gift is more than 30 percent of your adjusted gross income,
- Avoidance of capital gains tax that is due when you sell appreciated stock, and
- The satisfaction that you are making a long-term gift to the American Pain Foundation to eliminate the undertreatment of pain and pain related suffering in America.
Give your broker the following information to transfer a gift of stock:
Brokerage House: M&T Securities
Account Name: American Pain Foundation
Account Number: ØC2-519723
DTC Number: 0226
Contact: Mark Phelps at (410) 244-4670
Please inform our office of stock transfers so that we can properly acknowledge your gift and forward information regarding your tax deduction.
If you would like more information about any of these options, please contact:
Michael W. DeVito
Director of Philanthropy
American Pain Foundation
201 N. Charles Street, Suite 710
Baltimore, MD 21201-4111
Toll Free Telephone:
1-888-615-PAIN (7246)
Telephone:
(410) 783-7292, ext. 305 (Voice)
(410) 385-1832 (Fax)
Email: donate@painfoundation.org
We recommend that you consult with your attorney or tax advisor for the various tax benefits and restrictions that may apply to your specific situation. We are available to help you answer general questions or help arrange a planned gift to the American Pain Foundation. APF’s future work to eliminate the undertreatment of pain and pain related suffering depends on the partnerships we form today. Thank you!
