The gift of an appreciated asset is a powerful way to support the Coalition’s work. In addition to receiving a tax-deduction, most importantly you’ll be satisfied in knowing that your gift is directly helping thousands of homeless men, women and children in New York City.
Benefits You Receive from Your Gift of Stock
Your gift of securities will entitle you to a charitable deduction when you itemize your tax returns. And in the case of appreciated securities, you may deduct the full fair market value of your gift if you have held onto the securities for at least one year. You may use your deduction up to 30 percent of your adjusted gross income and are permitted to carry any unused deduction forward for up to five additional years. In addition, you will avoid paying capital gains tax on all stock that you donate to the Coalition for the Homeless.
To make a gift of stock, you can authorize your stock broker or your bank to complete the transfer process.
Please notify us of all stock gifts. Please instruct your broker or bank to contact us at 212-776-2052 or firstname.lastname@example.org. This will help us identify and shepherd your gift securely through the transfer process. Please pass this information along to your broker:
1. Notify us by e-mail at email@example.com.
2. Notify us by phone at 212-776-2052
3. Notify us by mail at:
Coalition for the Homeless
129 Fulton Street
New York, NY 10038
If you have any questions about giving stock, please contact us at 212-776-2057 or email us at firstname.lastname@example.org.
Please note: We strongly encourage you to discuss your tax situation with an attorney or accountant.