Gifts of securities, including stocks, bonds and mutual funds can be a tax-wise way for you to support the mission of the Parkinson’s Disease Foundation.
That is because when you make a gift of appreciated securities owned for more than one year to PDF, you can claim a charitable deduction equal to the current fair market value on the date it is contributed. And, you do not have to pay the capital gains tax you would be required to pay if you sold the securities instead.
Because PDF is a nonprofit organization, we don’t have to pay the capital gains tax either, so can use the entire amount for our nonprofit purposes.
If the value of your securities has decreased, it may be advantageous for you to sell you depreciated securities followed by a tax-deductible gift of the sale proceeds.
How to Give Securities:
Our staff can work with you to easily complete your securities transfer.
If possible, please call PDF with your name, contact information and details about your expected stock transfer to ensure that we can confirm your transaction.
Name of Financial Institution: US Trust – Bank of America
Account Number: 4101100 2361442
Account Name: IM Parkinson's Disease Foundation, Inc.
Broker DTC (Depository Trust Company) Number: 0955
ABA Number: 026009593
For more information, contact:
Yasnahia Cortorreal, Vice President, Administration
(800) 457-6676 or (212) 923-4700
Thank you for your generosity.