Stocks And 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 Chelsea Collings, Development Operations Manager, at (800) 875-3707 x 213 about your plans.
- Provide the following information to your broker: Our broker is Raymond James LLC. Our account is listed as FBO Americans United, Account #30513758 and DTC #0725.
- 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 nonprofits. This provision remains valid. Consult us or your advisers for developments.
Please contact Chelsea Collings via email or call (800) 875-3707 x 213 for more information about making these types of gifts to Americans United.