Give Gifts of Stock or Other Securities
Donating stock or other appreciated securities to the Lupus Foundation of America, Greater Ohio Chapter has three important benefits for you:
- For most gifts, the charitable deduction is the fair market value of the securities at the time of transfer.
- You avoid capital gains taxes.
- You pay no brokerage fees or sales commissions.
It is easy to make a gift to the Lupus Foundation of America, Greater Ohio Chapter, using appreciated securities.
Notify your broker in writing that you wish to make a gift of securities to the Lupus Foundation of America, Greater Ohio Chapter, Inc.
Instruct your broker to contact the Lupus Foundation of America, Greater Ohio Chapter's Executive Director at 1 (888) 665-8787 or Suzanne@lupusgreaterohio.org for instructions on how to complete the transfer. The LFA, GOC can provide a sample letter for this purpose.
Once your broker has notified us that the securities have been transferred, the LFA GOC will mail a receipt to you.
Retain this receipt for tax purposes.
Donors may claim an income tax deduction for the full market value of the securities up to a limit of 30% of adjusted gross income. You may carry any excess forward for an additional five years.