Stock Gifts

Have you ever considered donating stock to CFLS? 

There are tax benefits to giving stock.  If you have securities held for over one year that have appreciated in value, selling them outright will result in capital gains taxes.  However, when you donate your stock to CFLS, you can claim an income tax deduction for the full fair market value of the securities.  In order to receive the benefit, do not sell the stock, but transfer it directly to Community Family Life Services.  Full information about the tax consequences of charitable giving is in the IRS Publication 950.  You should consult your tax advisor to find out how giving may specifically affect you.

You can initiate a stock transfer to CFLS by filling out the appropriate "Gift of Stock" form.  If you are transferring the stock from a brokerage account, please use the "Brokerage Gift of Stock Form."  Please send the completed Brokerage Form directly to your broker, send a copy to us, and keep a copy for your own records so that we can properly acknowledge your gift. 

If you wish to donate a security in certificate form, use the "Certificate Gift of Stock Form."  If you are giving a certificate, fill out the Certificate Form with the amount and kind of stock you are giving.  Sign the "Third Party Release" before a notary and sign the "Irrevocable Stock or Bond Power" as your name(s) appears on the certificate.  All owners must sign both forms.  The Certificate Form and certificate should go directly to our agent, Perry Seiffert Investment Management.  However, sending valuable certificates by regular mail is risky, so to ensure that your gift arrives, we recommend that you call the number at the address below to arrange for free pick-up of your security: 

Community Family Life Services
c/o Perry Seiffert
Investment Management
4550 Montgomery Avenue, Suite 760-N
Bethesda, MD 20814
CALL: 301-951-1588 or Toll-Free 1-888-889-7897.

If you're interested in giving a security other than stock please call our agent, Perry Seiffert Investment Management, at 301-951-1588 or Toll-Free 1-888-889-7897

Publications

Certificate Gift of Stock Form
Including Third Party Release and Irrevocale Stock or Bond Power
February 22, 2005
Please complete this form if you are interested in donating securities in certificate form.

Brokerage Gift of Stock Form
February 22, 2005
Please complete this document if you are interested in transferring stock to CFLS from a brokerage account.