Stocks & Bonds
Stocks and bonds are easy to donate and can offer immediate tax advantages. The most common benefit is the deduction you will receive beginning in the year of the donation. If you wish to transfer stock to AU (rather than liquidate the stock yourself and donate all or part of the proceeds), please contact our office first so that we can make sure that the transfer goes smoothly.
To transfer stock:
- Please notify us of a planned or pending stock transfer:
Email or call Rebecca Davis-Nord, AU Asst. Director of Development, about your plans
- Provide the following information to your broker (*new as of November 2013*):
- Our broker is Morgan Stanley
- Our account is listed as FBO Americans United
- Account #642-134865
- DTC #0015
- We will contact you to confirm the transfer and will acknowledge your gift promptly
You may be in possession of an existing or recently acquired life insurance policy that is no longer necessary to you or your family’s plans. You may contribute the ownership and proceeds (or a portion of the proceeds) to Americans United. Depending on the circumstances, you may receive an immediate income tax deduction. You may make an additional gift by paying the future policy premiums.
IRAs and other retirement plans
IRAs and other retirement plans can be among the most highly taxed assets you own. Leaving them to your heirs can trigger estate and income taxes. Leaving them to Americans United will allow us to enjoy the full amount of the plan assets. Your plan administrator can provide the necessary form to designate AU as your plan beneficiary.
In recent years, the law was changed to permit people 70 ½ or older with IRAs to make tax-beneficial contributions to non-profits. This provision remains valid. Consult us or your advisors for developments.
Please contact our Development Director Betsy Pursell by email or call (800) 875-3707 for more information about making these kinds of gifts to Americans United.