Gifts of Stock or Securities - National Multiple Sclerosis Society

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Gifts of Stock or Securities

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Your gift of appreciated stock or securities will improve the lives of people living with MS.  The following information will ensure that your gift is received and confirmed appropriately.   Thank you for helping to create a world free of multiple sclerosis.

Electronic Transfer of Stocks & Securities

Electronic or depository trust company (DTC) transfer of stock through a broker can be made through the Merrill Lynch account held by the National Multiple Sclerosis Society.

For instructions on completing an electronic stock transfer or handling gifts of physical stock certificates, contact one of the following individuals.  Please include donor name, address, phone number, email address, and details of the contribution so we can acknowledge the gift.

Contact Information

If you would like to receive more information about gifts of stocks, call Jim Maxen or Janet Kramer at 800-344-4867.

What You Need to Know

A stock portfolio is often among the most valuable assets you own, and one that carries substantial capital gain—appreciation in value. The downside to assets that have increased in value over the years is that the federal government is prepared to levy taxes of up to 15 percent on your capital gain from securities. With careful planning, you can reduce or even avoid federal capital gains tax. We can show you how charitable giving may be one of your best defenses against capital gains taxes.

As stock prices increase, so do the taxes you owe on the capital gain, which are generally charged at a rate of 15 percent (5 percent if you are in the 10 percent tax bracket). But when you donate publicly traded stocks held long term (owned for more than one year) to a qualified charitable organization such as the National Multiple Sclerosis Society, you avoid all capital gains taxes. Plus, you may take the full fair market value of the stock gift as a charitable deduction on your income taxes. The maximum deduction you may take within a given tax year is 30 percent of your adjusted gross income. If you are unable to take the entire deduction in one year, you may carry the excess deduction forward for five additional years.

Even if you own stock you wish to keep in your portfolio, giving us the stock and using cash to buy the same stock through your broker provides the same income tax deduction with a new, higher basis in the stock.

If you have stock losses, sell the stock yourself to realize the loss and take the deduction for tax purposes. Then generate a charitable deduction by donating the cash proceeds of the sale to the Society.

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