At the Jewish Federation, your stock is always appreciated.
Investing in the Jewish community provides solid returns in any market…

As a generous donor to the Jewish Federation of Greater Portland, we want to ensure that you are aware of the tax advantages of contributing stock. Donating long-term appreciated securities (owned more than a year) may provide greater benefits to you and the Jewish Federation of Greater Portland.

• You may save on taxes in two ways: Income tax and Capital Gains tax.
• You may save current income for day-to-day needs because a gift of stock does not come out of your cash flow.
• You may lower the "cost" of your gift.

JEWISH FEDERATION OF GREATER PORTLAND BROKERAGE ACCOUNT
Morgan Stanley - Alexander Blank, Broker : 503-243-6935 
Account # 766-129512-0-103     DTC # 0015

How to Donate Stock:
There are two ways to donate securities to JFGP: transfer of securities from donor brokerage account to any one of several JFGP brokerage accounts or delivery of stock certificates to the JFGP.

Step #1 - Contact your broker to make arrangements to transfer securities to the JFGP brokerage account listed above.

Step #2 - Contact Julie Alferez at the JFGP office at 503-245-0802 on the date you contact your broker and advise the name and the number of shares of stock to be transferred.

Upon receipt the Federation will confirm the transfer, and send you an appropriate receipt for income tax purposes.

Many donors hold stocks that have appreciated significantly in value. For example, if a donor has securities worth $5,000 that were originally purchased for $1,000, selling these securities could result in Federal Capital Gains taxes ranging from $600 to $1,400, depending on the holding period (short-term or long-term) and the donor's income level. Additional state taxes may also apply.

If the donor decides to make a $5,000 contribution to the Federation using the proceeds from selling the appreciated stock, they would only have $3,600 to $4,400 available to donate after taxes.

However, if the donor chooses to donate the securities directly to the Federation, they can avoid paying capital gains taxes entirely and deduct the full $5,000 market value of the securities as a charitable contribution (subject to IRS limits).

Upon receiving the stock certificate or notification of the transfer of securities into a JFGP brokerage account, JFGP will provide the donor with an appropriate receipt for tax purposes. The value assigned to the donation will be based on the average of the high and low trading prices for the security on the date of transfer, in accordance with IRS guidelines.

If you have any questions about donating appreciated securities, please contact Julie Alferez at 503-245-0802.