Stocks
Have you considered a gift of appreciated stock
to Volunteers of America?
When you use stocks that have increased in value to fund a gift to Volunteers of America you can generally give them and deduct their current value, not just their original cost, from your taxable income. Giving in this way also allows you to bypass capital gains tax that would be due if the appreciated stocks were sold. Gifts of appreciated stock can eliminate tax on up to 30% of your adjusted gross income. (You must have owned the stocks for more than 1 year. Talk to your financial advisor about your situation).
To make a gift, simply ask your broker to make a transfer to our account listed below:
Account Name: Volunteers of America Colorado Branch
Account #: 110182372800
DTC (direct transfer code): 0235
RBC Dain Rauscher
1200 17th Street Suite 2200
Denver, CO 80202
Acct. Rep. — Alan M. Reifler
Phone: (303) 595-1119
FAX: (303) 595-1155
Email: alan.reifler@rbcdain.com
Volunteers of America TIN#: 84-0430995
We welcome your questions about bequests and other estate planning matters.
Michael James