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Donate Stock | December 13, 2017

A Great Year to Donate Stocks

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Screen Shot 2017-12-13 at 9.17.22 AM.pngFor most people who own stocks, 2017 has been a very good year. Stock prices have risen steadily, giving most people an increase in wealth.

And that increase offers a great way to reap tax benefits while doing good for an organization like MAP.

Here’s how it works: If you have owned a stock for a year or more, you can donate the stock itself without cashing it in. That saves both the capital gains tax you would incur on the sale and gives you the charitable giving benefit.

The value of your donation is the stock price on the date of your donation and the amount you can claim on your taxes as a contribution.

"If you have owned a stock for a year or more, you can donate the stock itself without cashing it in. That saves both the capital gains tax you would incur on the sale and gives you the charitable giving benefit."

MAP International makes it easy for you. Just give the information below to your stock broker and transfer the stock before December 31 in order to be sure you receive a charitable donation credit this year. If you have any questions, call MAP at 1-800-225-8550.

It’s a win for everyone—especially those who will reap the health rewards provided by your donation.

Ameriprise Financial DTC #: 0756
Account Name:  MAP International
  4700 Glynco Parkway
  Brunswick, GA 31525
Account number:   2660-1203-8133
MAP’s Federal ID#: 36-2586390
Agents Name: Scott King
Phone Number:  404-460-1734

         

Please ask your broker to share your name and contact information so we may properly thank you for your generous gift. 

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