Contribute to AFA
Gifts of Stock or Other Securities
Many individuals choose to make a gift to the Alzheimer's Foundation of America by donating shares of stock or appreciated securities.
If you are holding appreciated securities (stocks, mutual funds, etc), a large capital gain can turn an asset into a liability when it comes time to sell. There are many tax benefits to you when you transfer ownership to AFA. For example:
You are entitled to a charitable income tax deduction for the fair market value of the gifted securities as of the date of the gift. You can transfer gifts of securities to AFA by:
Direct Wire Transfers
Capital gains tax is eliminated since you are selling the securities directly to a charity versus selling them on the open market.
You can claim your charitable deduction against up to 30 percent of your adjusted gross income. Any unused deduction can be carried forward over the next five years.
Electronic transfer of securities is easy and prompt, with no need for reissued certificates. The following information is all that you need for your broker to initiate the transfer to AFA.
Ameritrade DTC: 0188
Account Name: Alzheimer's Foundation of America
Account Number: 782159560
Broker Phone: 800-669-3900
Unless you choose to make an anonymous gift, please be sure to either notify us that a transfer is pending, or have your broker indicate your name and acknowledgement information.
Simply sign the back of the original stock certificate and mail it to us with acknowledgment information and any other instructions to:
Alzheimer's Foundation of America
322 Eighth Avenue, 7th Floor
New York, NY 10001
Attn: Development Department