WHY GIVE A GIFT OF STOCK
Giving shares of a publicly traded stock that has increased in value may provide greater tax benefits than giving cash. Normally, when an individual sells his or her appreciated securities and donates the proceeds, that person might be subject to tax on the gains and have less left to contribute. If you transfer stock to a non-deductible [501(c)(4)] organization, such as Defenders Action Fund, you do not have to pay capital gains taxes on the stock.
To make a gift of stock to the Defenders Action Fund, please provide your broker with the following instructions regarding the transfer:
Morgan Stanley/Dean WitterShannon Delaney 202-862-9030
DTC # 0015
Account # 64262476


