Donating appreciated stocks or mutual funds is a particularly effective and tax-efficient way to support AEEF’s mission. This type of gift is straight forward, quick, and offers substantial financial advantages:
Donate Appreciated Securities : You may contribute stocks, mutual funds, or other publicly traded assets.
Deduct Full Market Value : You can claim a tax deduction for the asset’s full market value at the time of transfer.
Avoid Capital Gains Tax : By donating the asset directly, you can avoid paying capital gains taxes on its appreciated value, allowing your gift to go further than if you sold the asset, paid the tax, and donated the proceeds.
Maximize Impact : AEEF can then hold or liquidate the shares at their current market value. As a nonprofit organization, AEEF pays no tax when selling donated assets. This ensures the full value of your contribution directly supports our programs.
Despite the significant benefits, only a small percentage of donors make use of this highly effective giving strategy.
To transfer securities from your brokerage account to Aligarh Education Endowment Fund (AEEF) electronically:
Aligarh Education Endowment Fund
PO Box 4361
Foster City, CA 94404
For AEEF to properly credit the gift, it is important that you or your broker notifies AEEF of the gift and its intended purpose, and that the broker references your name in the transfer instructions.
Aligarh Education Endowment Fund’s broker contact information is:
After AEEF receives this form and our broker confirms the donation of securities, we will issue an official acknowledgment letter to the donor. The letter will indicate the number and type of shares received and date the stock was converted into a gift (day when record ownership of stock was transferred to AEEF).
All contributions are fully tax- deductible provided by law. For tax purposes, the value of the stock will be an average of the high and low prices on the date of the gift. The donor should be aware of possible tax implications. Please contact your tax advisor for complete tax deductibility rules.
Please contact AEEF Office: (650) 969-2333 or aeefund@yahoo.com for any questions.
AEEF does not provide tax, legal, or accounting advice. The information above is for general guidance only and should not be considered professional advice. Please consult your tax, legal, or accounting advisors to determine what is appropriate for your individual circumstances.
Aligarh Education Endowment Fund (AEEF) was granted a tax-exempt status, 501(c) (3) designation, by the United States IRS in 2005
Tax ID # 20-1000034. Donations to AEEF are tax deductible in USA as allowed under the law.
