1. In most instances, you are entitled to deduct the full market value of the stock from your taxes.
2. You can avoid paying capital gains taxes on the appreciated securities.

How do I make a gift of stock to Alcohol & Drug Recovery Fund?

1. Either you or your broker contact Alcohol & Drug Recovery Fund to inform us of your intention of making a gift to Alcohol & Drug Recovery Fund using stocks. We will ask you to provide the following information:

• Your name, address and telephone number
  
• The name(s) of the stock that you are donating
• The number of shares being donated
  

2. The simplest way to give a gift of stock to Alcohol & Drug Recovery Fund is through your broker. Most brokers can transfer the stock directly to Alcohol & Drug Recovery Fund. We will provide your broker with the needed information to make the transfer.

3. If you prefer to send the actual stock certificate, please contact Alcohol & Drug Recovery Fund as well as your broker before sending the certificates since donation of stock certificates requires a special form to ensure that the transfer is accomplished correctly.


If you have stock that has gone down in value, you can still support Alcohol & Drug Recovery Fund. To maximize your benefit, sell the stock and contribute the proceeds to Alcohol & Drug Recovery Fund. In most cases, you can then receive a tax deduction AND a capital loss deduction. To ensure that you qualify for this program, please consult your financial advisor on all tax-related matters.