Giving appreciated assets – like stock – that have been held for more than a year may have capital gains tax implications. The effective date of your gift for tax purposes depends upon how you ‘deliver’ the gift. Please contact Paul Ransdell for more information at 859-233-0147 or firstname.lastname@example.org.
As in any philanthropic situation, the amount of your charitable deduction depends upon the value of the securities at the time the gift is complete. Always notify the AAEP Foundation Office of an intention to make a gift of stock at (859) 233-0147. Specific information for the delivering broker to initiate a transfer via DTC includes:
Official name: AAEP FOUNDATION, INC
Federal Tax ID # 61-1259683
DTC Number: 0361
Account Number: 1129-4765