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LETTER OF AUTHORIZATION For Donation of Securities RE:Donation of Securities to (check one): Samaritan Fifth Third Bank account number: 51510009622796 Samaritan Foundation Fifth Third Bank account
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How to fill out for donation of securities

01
Contact the charity or organization where you plan to donate the securities.
02
Inquire about their process for accepting donations of securities.
03
Obtain the necessary forms or documentation required for the donation.
04
Gather all relevant information about the securities, such as stock symbol, number of shares, and cost basis.
05
Consult with your financial advisor or tax professional regarding any tax implications or benefits of donating securities.
06
Complete the required forms accurately and legibly.
07
Submit the completed forms and any supporting documentation to the charity or organization.
08
Retain copies of all documents for your records and for tax purposes.
09
Follow up with the charity to ensure they have received and processed your donation.
10
Keep track of any acknowledgement or receipt provided by the charity for tax reporting purposes.

Who needs for donation of securities?

01
Anyone who wishes to support a charity or organization and holds securities, such as stocks or mutual funds, may consider donating securities.
02
This option is especially beneficial for individuals who have appreciated securities as it allows them to potentially avoid capital gains tax on the donated assets.
03
Charities and organizations also benefit from receiving donations of securities as they can sell the assets without incurring capital gains tax and use the proceeds to further their mission.
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Donation of securities involves gifting stocks, bonds, or other investments to a charitable organization.
Individuals or organizations who donate securities valued over a certain amount are required to file for donation of securities.
To fill out for donation of securities, one must provide details of the securities being donated, their value, and the recipient charitable organization.
The purpose of donation of securities is to support charitable organizations and receive tax benefits.
Information such as the type of securities donated, their value at the time of donation, and the recipient organization must be reported on for donation of securities.
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