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Get the free foundation gift of securities - Groves Hospital Foundation

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FOUNDATION GIFT OF SECURITIES Please complete this form and send it to your Broker. Please also fax a copy of your completed form to 5198437288 or scan and email form to basis GMCD.Fergus.net or print
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How to fill out foundation gift of securities

01
Contact the foundation to ensure they accept gift of securities.
02
Gather all the necessary information and documents related to the securities you wish to donate, such as stock certificates or account statements.
03
Consult with a financial advisor or tax professional to understand the potential tax benefits or implications of donating securities.
04
Complete any required transfer forms provided by the foundation, including details of the securities being donated and your personal information as the donor.
05
Submit the completed transfer forms and any accompanying documents to the foundation according to their specified instructions, which may include mailing or delivering them in person.
06
Follow up with the foundation to confirm receipt of the gift and ensure all necessary documentation has been provided.
07
Consider retaining copies of all relevant documents and acknowledgement letters for your own records and tax purposes.

Who needs foundation gift of securities?

01
Foundation gift of securities is typically needed by charitable organizations or foundations that rely on donations to support their causes and programs.
02
Individuals who have appreciated stocks, mutual funds, or other securities may also benefit from donating them to a foundation as a way to support a cause they care about and potentially receive tax benefits.
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A foundation gift of securities is a donation of stocks, bonds, or other investment assets to a charitable foundation.
Any individual or organization that makes a donation of securities to a charitable foundation is required to file a foundation gift of securities.
To fill out a foundation gift of securities, individuals or organizations need to provide details of the securities donated, including the type of securities, the quantity, and the value at the time of donation.
The purpose of foundation gift of securities is to report and document donations of securities made to charitable foundations for tax and record-keeping purposes.
The information that must be reported on a foundation gift of securities includes the type of securities donated, the quantity, the value at the time of donation, and the name and address of the charitable foundation.
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