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The gift of an appreciated asset, such as stocks, bonds, and mutual funds or unmortgaged real estate, provides a double tax benefit. The donor not only receives an income tax deduction for the property's full fair market value, but also incurs no capital gains on the appreciation.
Securities held in a brokerage account should be transferred via DTC (Depository Trust Co. System) to NCJW. UBS Financial Services 590 Madison Avenue 23rd Floor New York NY 10022-2526 DTC: #221 Account Name: National Council of Jewish Women Account Number: UT-30139-1-TT Securities held by the owner (i.e. as an actual stock certificate) should be delivered to NCJW's development department. For more information, contact: NCJW Development Department 475 Riverside Drive, Suite 520 New York NY 10115 Tel 212 645 4048 Fax 212 645 7466 Email action@ncjw.org NCJW is recognized as an organization described in section 501(c)(3) of the Internal Revenue code. Contributions to it are tax deductible to the full extent provided by the law. |