Gifts of Stock
Making a gift of appreciated stock or mutual funds can provide many tax advantages including avoiding federal and state tax on capital gains and receiving an income tax deduction for the full market value of your gift.
A stock gift can be an ideal way to make a larger gift at a lower original cost to you, stretching your donation further and helping more children in East Africa gain access to education.
To make a stock donation to Asante Africa Foundation:
For securities held by a brokerage firm, instruct your brokerage firm to make an electronic transfer to Asante Africa Foundation bank account. Please email us or phone (925) 292-0245 for bank account details. So that we can properly track and acknowledge your gift, please provide:
- The name of the securities
- The number of shares you are transferring
- Brokerage house / accounting firm and contact name
- Your address, phone number and email address
For instructions on donating other types of securities (i.e. stocks held in certificate form or making a donation of mutual funds), please email us or phone (925) 292-0245.
Please consult your financial planner or tax advisor to determine how potential tax advantages apply to your specific situation.
