Gifts of Stock
Gifts of stock often provide greater tax-benefits than other monetary gifts because appreciated stock is not recognized as a capital gain. Giving a gift of publicly-traded stock that has increased in value and that you have owned for more than one year may provide greater tax benefits than giving cash. All gifts of stock are tax-deductible.
Your broker can assist you in making a gift of stock via a direct transfer to The American Orthopaedic Assocation.
How a Gift of Stock Benefits You
Your charitable income tax deduction is equal to the fair market value of the stock and you avoid paying the capital gains tax on any increase in the current value over the original cost of the stock. You may also save by not incurring brokerage fees because you are transferring ownership rather than selling the stock.
How to Donate a Gift of Stock
If you would like to invest in The American Orthopaedic Association by donating stock, you'll need the following information to make the transfer:
Brokerage Name: Morgan Stanley
DTC Number : 0015
Contact: Lori Ostendarp
Account Name: American Orthopaedic Association
Account #: 633-XXX485-519*
*Please contact the AOA at (847) 318-7330 for the complete AOA account #.
Please note: The AOA willingly accepts publicly-traded securities; gifts of securities that are not readily marketable must receive approval prior to acceptance.