Les Turner ALS Foundation

Gifts of Stock and Appreciated Assets

Gifts of appreciated stocks and securities are an excellent way to support the Les Turner ALS Foundation. 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 is equal to the fair market value of the stock and you 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.
To make a gift of stock, please provide the following information to your broker:

Brokerage House:      Wells Fargo Advisors, a division of Wachovia
Account Name:          Les Turner ALS Foundation
Account Number:       4798-3634
DTC Number:              0141
Broker Name:             OP Gupta
Broker Telephone:      630 548 6817

Stock gifts are transferred to the Foundation anonymously. Therefore, in order for your gift to be acknowledged and to receive a tax receipt, please contact Maria Zeller Brauer at mzellerbrauer@lesturnerals.org or 847 679 3311.

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