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A Guide for DonorsGifts of Marketable Securities & Mutual Fund AccountsUpdated: 10/30/2017A Guide for Donors Gifts of Marketable Securities And Mutual Fund AccountsEach year, many donors choose to
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How to fill out gifts of marketable securities

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How to fill out gifts of marketable securities

01
To fill out gifts of marketable securities, follow these steps:
02
Gather all relevant information about the marketable securities you are donating, including the type of security (stocks, bonds, etc.), the number of shares, and their current market value.
03
Determine the eligible charity or organization you wish to donate the marketable securities to. Make sure the organization is able to accept these types of gifts.
04
Contact the charity or organization to inform them of your intention to donate marketable securities and to inquire about their specific requirements or procedures for accepting such gifts.
05
Obtain the necessary forms or documentation from the charity or organization. This may include a donation agreement or letter of instruction.
06
Fill out the forms or provide the requested information accurately and completely. Double-check all details before submitting the documentation.
07
If required, consult with a financial advisor or tax professional to understand the potential tax implications of donating marketable securities and to ensure you are claiming any applicable tax deductions correctly.
08
Submit the completed forms and any supporting documentation to the charity or organization as instructed. It may be advisable to send the documents via registered mail or certified delivery to ensure they are received securely.
09
Keep copies of all documentation for your records, including any acknowledgement or receipt provided by the charity or organization.
10
If desired, follow up with the charity or organization to confirm receipt of the marketable securities and ensure that the donation has been processed correctly.

Who needs gifts of marketable securities?

01
Gifts of marketable securities may be of interest to the following groups or individuals:
02
- Charitable organizations or nonprofits that rely on donations to fund their programs and services.
03
- Donors who wish to support a specific cause or organization and have marketable securities that they are willing to donate.
04
- Individuals who want to receive potential tax benefits by donating appreciated marketable securities rather than selling them and recognizing capital gains.
05
- Investors or stockholders who have excess or unwanted marketable securities and prefer to donate them rather than selling them on the open market.

What is Gifts of Marketable Securities Form?

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Gifts of marketable securities refer to donations of stocks, bonds, or other financial instruments that are traded on a public exchange.
Individuals or organizations who receive gifts of marketable securities are required to file this information with the appropriate tax authorities.
To fill out gifts of marketable securities, one must report the value of the securities at the time of the gift, the donor's information, and any relevant details about the transfer.
The purpose of gifts of marketable securities is to ensure transparency and compliance with tax regulations regarding donations of financial assets.
The information that must be reported on gifts of marketable securities includes the value of the securities, details about the donor, and any specifics about the transfer.
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