Gifts of stock or other securities can be a mutually beneficial way of contributing to the Indiana Natural Resources Foundation (INRF) - providing an immediate impact on our natural heritage while rewarding you with a tax deduction.
If you transfer securities you have held for at least one year to the INRF you can deduct the full fair market value of the securities on your federal income tax return. You will avoid all capital gains taxes that would have been due had you sold the securities and then donated the funds to the INRF. INRF is able to sell or trade your gifted assets, without tax liability, and put all the proceeds to work protecting Indiana's environment.
Donating stock to the INRF involves a simple wire transfer of shares from your brokerage account into our brokerage account. Please contact us and let us know of your intent to make a gift of stock and the nature of the transfer you are considering, ensuring proper acknowledgement. At that time we will share our DTC number and other relevant information for you to give to your financial representative.
For more information
For more information or to initiate a gift of stock, bonds, or other securities to the Indiana Natural Resources Foundation, call Bourke Patton at 317-234-5447 or email firstname.lastname@example.org.