Giving Appreciated Securities

Giving appreciated securities is a wonderful way to benefit CASANYS while gaining substantial tax advantages greater than an equivalent cash gift. Not only will you avoid capital gains tax, a gift of securities held for more than a year and a day allows for a tax deduction equal to the fair market value of the securities at the time the gift is made.

How to Donate Appreciated Securities
Stock can be transferred electronically to the CASANYS brokerage account. Please contact Penny Page, Executive Director, for the account number. At the same time, please send a letter, fax, or email to CASANYS that specifies your name, the name of the stock, and the number of shares transferred. This will allow us to acknowledge your gift so you can receive your charitable deduction.

If you hold a stock certificate, a stock or bond power, which can be obtained from your broker, must be executed for each certificate donated. It must be signed exactly as your name appears on the certificate. Your commercial bank or brokerage firm must guarantee your signature—notarization is not sufficient. For security purposes, please send the stock certificate and the stock power in separate envelopes to CASANYS. The use of certified or registered mail is recommended for sending the certificate itself.

Mutual Fund Shares
The process of donating mutual fund shares varies from company to company. Please contact us to discuss this option further.

Contact Information
Use the information below to send stock certificates or to inform us of the transfer of your gift of stock. Or please call if you require further information.

For more information, please contact Penny Page, Executive Director.

page@casanys.org
911 Central Avenue, #117
Albany, NY 12206
(518) 426 5354