DONATE STOCK OR MUTUAL FUNDS
Contributing stocks, bonds, mutual funds, or other securities to American Outreach Foundation | TWT Centers helps deliver humanitarian medical resources where they are needed most. There might also be valuable tax benefits to you if you donate securities that have appreciated.
(Appreciated securities are those securities that are worth more today than when they were acquired).
Donations of appreciated securities to American Outreach Foundation | TWT Centers offer two compelling tax benefits:
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First, as a donor, you may claim a charitable income tax deduction for the full value of the gift on the date the gift is completed.
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Second, by giving the appreciated securities directly to American Outreach Foundation | TWT Centers, you as a donor avoid paying the capital gains taxes that would result if you were to sell the securities.
Please notify American Outreach Foundation | TWT Centers when you make a gift of stock or other securities. It is common for stock gifts to be transferred without enough information to identify you as the donor. Notification helps us track your gift and send you a receipt in a timely manner.
To donate stock or mutual funds, instruct your broker to transfer them to:
Fidelity Investments
Account name: American Outreach Foundation | TWT Centers
Account number: Z40353877
DTC Clearing: 0226
The Vanguard Group, Inc.
Account name: American Outreach Foundation | TWT Centers
Account number: 67048648
DTC Clearing: 0062
If you do not have a broker or hold the stock certificates you wish to donate, please contact TWT Centers using the above “Notify TWT Centers” button, and a team member will work with you to help you make your gift.
For tax purposes, the donation date is when the securities are deposited into American Outreach Foundation | TWT Centers’ account.
This information is offered to help you understand some of your options for making a charitable gift to TWT Centers. Only a lawyer or tax professional can give you tax advice.
IS IT TIME TO UPDATE THE BENEFICIARIES ON YOUR INVESTMENT ACCOUNTS?
Consider making a charitable gift to TWT Centers when you pass away by naming American Outreach Foundation | TWT Centers as a beneficiary on your account.
Doing so could reduce the taxes owed by your estate and simplify making a gift that avoids probate or other lengthy administration processes.
Contact your financial institution for instructions on naming or updating account beneficiaries.
If you choose to make American Outreach Foundation | TWT Centers a beneficiary of a financial account, please let us know. This will allow us to thank you for your generosity and help ensure your gift is properly recognized when received.
American Outreach Foundation | TWT Centers’ Employer Identification Number (EIN) for tax reporting is: 26-0427467.