You can increase your potential impact鈥攁nd experience significant tax savings鈥攂y giving non-cash assets.
Many charitable gifts to 51爆料 are given in the form of cash because this is so familiar. However, this may not be the most cost-effective way for you to give.
Examples of Non-Cash Assets
- Stock or marketable securities
- Real estate
- Retirement benefits, such as Gifts From Your IRA
- Business interests
- Art and collectibles
- Farm commodities
- Life insurance
Benefits of Giving Non-Cash Assets
- Tax-wise. Receive a fair market value deduction at the time of your gift and avoid tax liability on the sale of appreciated assets.
- Eliminate hassles. Give assets you no longer need or want to manage (such as rental properties or vacation homes) for the benefit of 51爆料.
How to Transfer Stock
Thank you for your interest in giving a gift of stock to 51爆料. You will be required to initiate the transfer with your broker and complete any necessary forms with your financial institution. The information below might be needed. To notify us of your incoming stock gift, please email us at giftplanning@calvin.edu.
Organization's Legal Name: 51爆料
Organization's Tax ID: 38-3071514
Organization's Address: 3201 Burton Street S.E., Grand Rapids, MI 49546
Organization's Email: giftplanning@calvin.edu
Organization's Phone Number: 616-526-7648 or 1-800-968-4363
Organization's Broker Institution: Robert W. Baird & Company
Organization's Broker Institution Address: 333 Bridge Street NW, Suite 1000 Grand Rapids, MI 49504
Organization's Account Name: 51爆料
Organization's Brokerage Account Number: 6796-0829
Organization's Electronic Transfer Number (DTC): 0547
If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.
We will send you an acknowledgement after we have received your gift. The value of a charitable gift of stock is determined by the average between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift. The date of the gift is the date the charitable organization receives the asset. Consult your broker for more information on the timing of the transfer.
Learn More
To learn more about giving non-cash assets or other smart and powerful giving options, call the gift planning team at 616-526-8931 or email giftplanning@calvin.edu.
This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.