Do you have stocks that have appreciated this year? You can get a tax break if you donate them to MedGlobal!
By donating appreciated assets, you avoid paying capital gains tax on the increased value of your stock. In addition, you may also be entitled to a charitable deduction based on the stock’s current value. Donating stocks is a great way to support MedGlobal and help save lives around the world.
Do you have stocks that have appreciated this year? You can get a tax break if you donate them to MedGlobal!
By donating appreciated assets, you avoid paying capital gains tax on the increased value of your stock. In addition, you may also be entitled to a charitable deduction based on the stock’s current value.
How do you donate your stock to MedGlobal?
First, complete our donation form before transferring your stock to confirm that our broker can accept your donation. Since mutual funds require special handling, we must confirm with our investment manager that they will be accepted.
Your broker will need the following information to transfer the stock:
- DTC#0728
- Account #RH8650800D, for the benefit of MedGlobal Response, Inc.
- Folio Institutional 8180 Greensboro Drive 8th Floor McLean, VA 22102
- Foliofn Contact: 1-888-485-3456
- The stock transfer form must clearly designate the donation to our official name, MedGlobal Response, Inc.
Please notify us at finance@medglobal.org of your pending stock donation (including the financial company and number of shares) so that we can credit your gift in a timely and accurate manner.