Many donors make gifts of appreciated stocks and mutual funds because of the tax advantages. The benefits of making a contribution of stock may include:
- Making a larger gift at a lower original cost to you
- Avoiding federal and state taxes on the capital gains
- Receiving an income tax deduction (federal and most states) for the full market value of your gift if you itemize deductions on your tax return and have held the assets one year or longer
We encourage you to consult your financial planner or tax advisor who can assist you in evaluating the tax advantages available to you when making a donation of appreciated stock.
Below are the instructions you’ll need to donate stock to Panthera. If the stock is held by a brokerage firm, your broker should be instructed to make any transfer with the following information:
Morgan Stanley Smith Barney
For the account of: Panthera Corporation
Account # 398-203268014
MSSB Phone# 212-692-2367
MSSB Fax# 212-692-2373
We ask that you copy Panthera on transfer instructions or send a letter announcing your gift to:
8 West 40th Street, 18th Floor
New York, NY 10018
Or contact us via: firstname.lastname@example.org or 646-786-0405.