Grameen Foundation : Get involved : Donate : Gifts of Stock
Gifts of Stock
Ways to Give Securities
There are two ways to make a donation of securities: by physical delivery or through an electronic transfer authorization. To ensure that we can acknowledge your gift for income tax purposes, please notify us in advance of the transmittal at hyuen@grameenfoundation.org or call (202) 628-3560 x125.
Option 1: Electronic Transfer Authorization
Your broker can electronically transfer your securities to Grameen Foundation. Because this request must be made in writing, simply download the Authorization Form and follow the instructions on it to make your gift.
Option 2: Physical Delivery
If you have physical securities, you may deliver them in person, by registered mail, or by courier to Grameen Foundation’s office. If they are registered in your name, you will need to provide an Irrevocable Stock/ Bond Power Form.
Advantages of Gifts of Securities
- You get an income tax deduction based on the value of the securities at the time you make the gift. If you itemize deductions on your federal income tax return, you may be able to deduct your contribution to Grameen from your adjusted gross income. In addition, gifts of appreciated property avoid long term capital gains tax. Check with your tax advisor for deduction and capital gains tax requirements and limitations for your situation. Your state may also allow a credit or deduction so you should ask your tax advisor.
- You avoid capital gains tax on the appreciated value of the securities.
- Grameen Foundation can immediately use the proceeds for the purpose you specify or for general support of essential initiatives.
- See contact information below if you have further questions.
Important Note: Information provided on our Web site is not intended to be tax or legal advice. Please consult a qualified tax or legal advisor.
Grameen Foundation : Get involved : Donate : Gifts of Stock
Grameen Foundation uses microfinance and innovative technology to fight global poverty and
bring opportunities to the world's poorest people. With tiny loans and financial services, we help the poor, mostly women, start
businesses and escape poverty. Our global network of 52 microfinance institution (MFI) partners including our Growth Guarantee partners has touched more than 31 million people in 23 countries. In addition, we introduced and now sustain technology initiatives (Mifos and Village Phone) in Cameroon, Kenya, Rwanda, and Uganda, bringing our total country outreach to 27.
+1-202-628-3560 www.grameenfoundation.org
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