Ways To Give

Gifts of Stock and Securities

Donating stock or securities 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% 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% of your adjusted gross income; and
  • Avoidance of capital gains tax that is due when you sell appreciated stock.

Note: Stock owned for one year or less is considered a short-term asset and usually won't produce attractive tax benefits.

Also, if stock has decreased in value, selling it and making a cash gift to the IBF is probably more beneficial. You can take a capital loss on federal taxes and still enjoy a charitable deduction up to 50% of your adjusted gross income.

How to Donate Stock


Each of the stock gifts the IBF handles each year strengthens our programmatic work while providing tax benefits for supporters. Here are step-by-step instructions to help you take advantage of this gift planning opportunity:

Stock held by a broker
  1. Contact your broker to find out the required information to transfer a gift of stock to the IBF.
  2. Contact us to acquire the necessary information.
  3. Either you or your broker must contact us online or call 1-800-279-8772 with the name of the stock and the number of shares being transferred. This ensures the gift is properly credited and acknowledged.
Stock certificate held by a supporter
  1. Contact us to inform the IBF you are making a gift of stock.
  2. Using registered mail, send the unendorsed securities to:

    Indiana Bar Foundation
    230 East Ohio Street
    Indianapolis, IN 46204

  3. In a separate envelope to the same address, send:
    • A letter stating you wish to contribute the securities to the IBF, including the name and number of shares of each stock;
    • A signed, but otherwise blank, stock power form. (Contact us if you need a blank form.)

How to Donate Other Securities


To donate mutual fund shares or other securities, please contact the Indiana Bar Foundation for details.

If you have any questions or need additional information, please call the planned giving department toll free at 1-800-279-8772 or contact us online.

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 you and your advisors to answer questions or help arrange a planned gift to the IBF. The IBF's future programs depends on the partnerships we form today.

 

 

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