A NEW WAY OF GIVING: SOFO’S NEW BROKERAGE ACCOUNT WITH HSBC BANK USA OFFERS OUR SUPPORTERS SPECIAL TAX ADVANTAGES NOT APPLICABLE WITH CASH DONATIONS
In response to inquiries from donors wishing to donate marketable securities in lieu of cash to maximize their tax benefits, SOFO is happy to announce its new brokerage account whereby you can contribute appreciated stock and avoid realizing gains while receiving a tax deduction equal to the stock’s fair market value at the time of the donation up to the overall amount allowed by the IRS.
Please check with your financial advisors to learn how contributing appreciated securities will benefit you. CLICK HERE for instructions provided directly from HSBC’s trading desk on how to donate stocks or mutual funds to SOFO. Please be sure to notify firstname.lastname@example.org of your stock transfer so we can process it at our end and provide you with your tax recognition letter.
As always, SOFO is extremely appreciative of your ongoing support. Your involvement makes a great difference as we strive to inspire everyone to become engaged and responsible caretakers of our planet now and for generations to come.