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: Charles Schwab & Company
Account Name: Les Turner Amyotrophic Lateral Sclerosis Foundation, LTD
Account Number: 2706-9946
DTC Clearing #0164 Code 40
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 Steve Schapiro, Chief Philanthropy Officer, at email@example.com or 847 679 3311.
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