Gifts of securities offer significant tax advantages for supporters of Verified Voting and are easy to make.
Follow the instructions below or contact us at the number below for more information:
Development Team
760-804-8683 ext. 702
development@verifiedvoting.org
Why Make A Stock Gift?
Most people are surprised to learn just how simple it is to donate appreciated securities. If you hold stocks, bonds or mutual funds that have risen in value, and you have held them long term (more than one year and one day), you can consider using them to make a gift.
Why might a stock gift be right for you? First, a donation of appreciated securities qualifies you for a charitable income tax deduction for the full fair market value of the security on the gift date. This amount may be generally deductible up to 30% of your adjusted gross income (always consult your tax advisor about your specific situation). When you transfer the securities directly to us, you won’t incur capital gains tax. This allows you to gain a greater tax benefit and make a larger contribution than if you simply sold the securities yourself and donated the cash from the sale.
Consistent with regulations covering stock gifts, we receive the stocks, then sell them and use the proceeds to fund our work. It’s that simple. There is no minimum donation for an outright gift of stock.
Just follow the simple directions below:
Donating Stocks
Stock donations can be directly transferred using the information provided below for Verified Voting Foundation (501c3) and Verified Voting.org, Inc. (non-tax deductible 501c4). Please contact development@verifiedvoting.org if you have any questions.
Verified Voting Foundation Securities Broker:
Merrill Lynch
4 Penn Center-7th Floor
1600 John F Kennedy Blvd
Philadelphia, PA 19103
DTC #: 8862
Our account #: 871-03146
Verified Voting Foundation
Federal Tax ID#: 20-0765743
Account type: EMA
501(c)(3) Tax-Deductible
Verified Voting.Org, Inc. Securities Broker:
Merrill Lynch
4 Penn Center-7th Floor
1600 John F Kennedy Blvd
Philadelphia, PA 19103
DTC #: 8862
Our account #:871-03147
Verified Voting.Org, Inc.
Federal Tax ID#: 20-0665713
Account type: WCMA
501(c)(4) NON Tax-Deductible
1. Provide written gift instructions to your bank or broker.
A sample communication might read:
I wish to make a donation of “x” shares of “XYZ” Corporation. Please transfer the stock to Verified Voting Foundation (or Verified Voting.Org, Inc.) via DTC as follows: (Here you will provide the account information shown above).
2. Please send a copy of this correspondence to Verified Voting:
By email: development@verifiedvoting.org
By regular mail:
Verified Voting Foundation
1500 Chestnut St. #2315
Philadelphia, PA 19102
Verified Voting.Org, Inc.
1500 Chestnut St. #2320
Philadelphia, PA 19102