You can reap substantial tax benefits by giving appreciated securities (stocks, bonds and mutual funds). When you make a gift of securities, you are entitled to claim a charitable deduction for the current fair market value of your securities, and you do not pay the capital gains tax that would accompany a sale of stock.
Ask your broker to transfer the securities you wish to donate to the ACLU's account (# 30A121398) at T. Rowe Price (DTC# 0443).
When you make a gift of securities, please contact us at the ACLU of Maryland and inform us so that we can record your gift, provide a tax receipt, and properly thank you. The value for which you will be credited is the value of your stock on the day you instruct your broker to make the gift.
If you have questions or would like to discuss a gift of securities, (or for instructions on wire transfer or delivery of stock certificates) we would be happy to talk to you or your broker.
ACLU of Maryland
3600 Clipper Mill Road, #350
Baltimore, Maryland 21211
Fax: (410) 366-7838
A copy of our current financial statement is available upon request from our office. Documents and information submitted to the Sate of Maryland under Maryland Charitable Solicitations Act are available from the Office of the Secretary of State, State House, Annapolis, MD, 21401 for the cost of copying and postage.