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Securities Donations

Securities Donations

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Chabad of Greenwich and TD Ameritrade form a partnership ... 

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  • Do you own any securities that are not performing well? Is there a stock that you wish you could just dump without taking such a bad loss?

or perhaps you don't have underperforming stock, but ...

  • Would you like to make a charitable donation that will provide you with 2 major tax advantages: (1) a tax deduction from the charity and (2) avoid capital-gains tax?
     

Here it is, a simple solution that will turn your loss into a double gain

- for Chabad and for you!

Instead of selling your securities, just TRANSFER them (a non-taxable event) to Chabad's new securities account at TD Ameritrade - DTC Number: 0188, Account Number: 866445003, Account Name: Chabad Lubavitch of Greenwich.

Email transfer instructions to your stock broker right now.

And then notify us at rabbi@chabadgreenwich.org so that we can immediately sell the stock and give you a tax-deductible receipt for its full value, as sold.

DISCLAIMER: NO tax related advice is being implied here, please check with your lawyer and accountant to see how this may relate to you. 

 

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