Securities

Donating a highly appreciated asset to the Atlanta Animal Alliance may allow you to avoid a significant portion of your tax liability while still receiving a charitable contribution deduction.

For example, if you donate a long-term appreciated asset such as stock to the Atlanta Animal Alliance, you are generally entitled to an income tax deduction for the current fair market value of that asset, no matter what your original cost. Additionally, all capital gains tax that was due would be avoided. However, to take a deduction for gifts of securities at their current value, you must have owned them for one year and a day. The asset you donate is usually removed from your taxable estate, which means an additional tax savings for your heirs.

The gift of an appreciated asset is a powerful way to support The Atlanta Animal Alliance in its work. While this giving strategy has many obvious benefits, no doubt the most important is the satisfaction of knowing that your support helps advance the lifesaving work of the Atlanta Animal Alliance.

A gift of appreciated securities held for more than one year may provide significant benefits to you as a contributor, such as:

Entitling you to a charitable income tax deduction for the fair market value of the gifted securities as of the date of gift.

Eliminating capital gains tax that would ordinarily become due if you had sold the appreciated securities on the open market and donated the proceeds from the sale to charity.

Claiming your charitable deduction against up to 30% of your adjusted gross income. Any unused deductions can be carried forward over the next five years.

Providing a way to help you to achieve your long-term financial objective of reducing your income and estate taxes.

If you have securities that have declined in value over the years and are interested in donating them to charity, you may find it more advantageous to sell the securities first and contribute the proceeds to charity as opposed to donating the securities outright. This strategy should allow you to claim a deduction for both the loss from the sale of the securities as well as the charitable gift.

If you are considering donating stock that is subject to a cash merger or tender offer, it's important for you to note that you will be subject to tax on the capital gain even though the shares were transferred to us before the tender offer became effective.

You should always consult with your financial advisor before initiating a charitable gift arrangement.

Ways to Give Securities

There are two ways to make a donation of securities: by Physical Delivery or through an Electronic Transfer Authorization. Be sure to notify us of your decision.

Physical Delivery
If you have physical securities, you may deliver them in person, by registered mail, or by courier to the Atlanta Animal Alliance, Inc. office. If they are registered in your name, you will need to provide an Irrevocable Stock/ Bond Power Form.

Electronic Transfer Authorization
Your broker can electronically transfer your securities to the Atlanta Animal Alliance. Because this request must be made in writing we provide an Electronic Transfer Authorization form.

Notify Atlanta Animal Alliance

To ensure that we are able to ensure proper acknowledgement of your gift for income tax purposes, please notify us in advance. You can notify us online