Outright Gifts
Outright gifts can be contributions of cash, appreciated securities, or other real or personal property both tangible and intangible, such as real estate, jewelry, works of art, coins, stamps, contract rights, patents, etc..
Advantages of making an outright gift include: - You may claim an income tax deduction for the full market value of the gift.
In most cases, making a gift of appreciated property will avoid your potential capital gains tax liability.
Mail donations to:
Wildlife Center of the North Coast P.O. Box 1232 Astoria, OR 97103 An on-line cash donation may be sent through PayPal by following the link below: | Gifts of Securities may be made in several ways
If the securities are held in certificate form, the stock certificates or other securities may be hand delivered unendorsed to Wildlife Center of the North Coast together with a separate, signed stock power and a letter indicating the purpose of the gift.
If the securities are mailed, the unendorsed securities and the signed stock power should be sent by certified or registered mail in separate envelopes along with a letter indicating the purpose of the gift.
If the securities are held in non-certificate form (for example, in "street name"), you can send your broker, bank, or other agent a letter of instruction, stating clearly that you are making a gift, identifying which securities you wish to give and when and for what purpose. Instruct your agent to contact our broker for stock transfer instructions: Stan Hauxwell or his assistant Linda L. Oliver RBC Dain Rauscher 1133 N.W. Wall Street, Bldg 2 Bend, OR 97701
Toll Free: 1-800 678-5026
The gifting of securities should be made prior to any sale of the securities to ensure that you are able to claim a charitable deduction for the full market value of the gift and that you will not be required to pay a tax on any capital gain of the securities.
If you have securities that have declined in value, it is usually better to sell the securities and donate the proceeds of the sale to Wildlife Center of the North Coast. You may be able to use the capital loss to offset other realized capital gains. |