Gifts of Stocks and Bonds
Stock transfer notification form
If you plan to transfer a gift of stock to our organization, please fill out our notification form.
Donating appreciated assets, including stocks, is an easy and tax-effective way for you to fund your legacy during your lifetime. The assets in your fund will be part of The Foundation's blended strategy and invested for total return in a balanced portfolio of equities, fixed income, and alternative investments. The Foundation's investment process is overseen by a volunteer committee of eight seasoned investors and the Federation's Chief Financial Officer and Investment Analyst. Investment policy and performance are also regularly reviewed by the Federation's Board of Directors.
Benefits of gifts of stocks and bonds
- Receive an immediate income tax deduction based on the fair market value of the securities
- Avoid paying capital gains tax on appreciated securities held for more than one year
- Establishes your legacy separate from family money, will or estate plan
- Investment income is added to your endowment fund and grows tax-free
How to make a gift of stocks and bonds
By electronic transfer - Please contact us for instructions on how you can transfer stock or bonds from your brokerage or investment account to the Greater Miami Jewish Federation.
By certified mail - 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.
More on gifts of stocks and bonds
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean 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.
If you have any questions about gifts of stocks and bonds, please contact us. We would be happy to assist you and answer any questions that you have.