Gifts of Stock
Your stock broker can assist you in making a gift of stock via a direct transfer to Idaho Montana Affiliate of Susan G. Komen for the Cure® Tax id: 75-2854965. Giving a gift of publicly traded stock that has increased in value and that you have owned for more than one year may provide greater tax benefits than giving cash. Your charitable income tax deduction may be equal to the fair market value of the stock and you could avoid paying the capital gains tax on any increase in the current value over the original cost of the stock. You may also save by not incurring brokerage fees because you are transferring ownership rather than selling the stock.
If you would like more information on how to transfer a gift of stock to Komen Idaho Montana Affiliate, please contact us at firstname.lastname@example.org
Gift Acceptance Policy:
Publicly Traded Securities
1. The Komen Idaho Montana Affiliate and Komen Headquarters accept publicly traded securities, or other readily marketable securities. Such securities will be sold promptly after the gift is received unless otherwise approved by Komen Headquarters’ Gift Acceptance Committee.
2. For individuals interested in giving securities to Komen Idaho Montana or to Komen Headquarters, the following information should be provided:
Individuals (or entities) who have expressed a desire to give securities and who will use the above brokerage information shall be requested to inform a member of the Development Department prior to transferring securities so that the gift can be properly acknowledged and properly directed to the Komen Idaho Montana Affiliate. Komen Idaho Montana may opt to provide donors with transfer information for a local brokerage house for convenience for gifts of securities made to Komen Idaho Montana. In the event an individual or entity elects to physically deliver the securities to Komen Idaho Montana, such securities must be accompanied with the transferor’s signature or stock power attached.
3. For internal gift crediting and accounting purposes, the value of the securities is the average of the high and low on the effective date of the completed transfer to Komen Headquarters or Komen Idaho Montana.
4. For gift acknowledgment purposes, it is the advice of counsel that Komen Headquarters or Komen Idaho Montana, as applicable, acknowledges the number of shares received and the date received. No stated dollar value will be included in the acknowledgment letter.