Donating stock or other appreciated securities to the Lupus Foundation of America, Florida Chapter (LFA) has three important benefits for the donor:
For most gifts, the charitable deduction is the fair market value of the securities at the time of transfer.
The donor avoids capital gains taxes.
The donor pays no brokerage fees or sales commissions.
It is easy to make a gift to the Lupus Foundation of America using appreciated securities.
- Notify your broker in writing that you wish to make a gift of securities to the Lupus Foundation of America.
- Instruct your broker to contact the Lupus Foundation of America by calling 1-561-279-8606, or emailing firstname.lastname@example.org for instructions on how to complete the transfer. The LFA can provide a sample letter for this purpose.
- Once your broker has notified us that the securities have been transferred, the LFA will mail a receipt to you.
- Retain this receipt for tax purposes.