Gifts of Stock
Giving securities (appreciated stocks and bonds) is an easy and tax-wise way to show your support to Edgar Cayce's A.R.E. Securities are among the most popular assets used in making charitable donations today, especially since selling these assets incurs capital gains taxes. Consider making a cost-effective gift to the A.R.E. by donating your appreciated securities.
- a charitable tax deduction equal to the full fair market value of the securities at the time of your gift
- avoidance of the capital gains tax on the increase in value
- reduction of the cost of making a gift, when a long- or mid-term appreciated stock gift is made
- donating securities is easy
Electronic transfer is the easiest and most expedient method when a donor maintains holdings in a brokered account. It is also our preferred method of transfer. Your broker will need the following information in order to transfer assets to the A.R.E.:
| A.R.E. Broker Name: | UBS Financial Services ATTN: Mary Hurd 757-622-1321 |
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| A.R.E. Account Number: | VN 16338 | |
| A.R.E. DTC ID Number: | 221 | |
| A.R.E. Federal ID | # 54-0573802 |
To ensure efficient processing and acknowledgement of your gift, it is very important that you contact us and to let us know how you want your gift to be used, the number of shares, and the identity of the stock you are transferring. Please do not rely on your broker or wire transfer service to provide us with this information. |
To notify the A.R.E. of an incoming gift of securities, please contact Laura Dwyer:
Marianna Theo
Planned Gifts Officer
Phone: 757-457-7125
Fax: 757-428-4036
E-mail Marianna.Theo@EdgarCayce.org
For more information or to discuss your charitable goals, please contact us.
A.R.E. Office of Development
215 67th Street
Virginia Beach, VA 23451-2061
757-457-7165
Toll Free (USA and Canada only): 1-800-333-4499, ext. 7125