It’s simple to get started
1. Consult with your tax advisor to understand how donating securities may impact you and your family.
3. Share the Stock Donation Form you downloaded with your broker to initiate your gift of stock.
Here’s an example of how your dollars can go farther*:
Original cost of securities: $1,000
Fair market value today: $5,000
|Selling your securities and donating the proceeds||Donating your stock directly to EFAA|
|Capital gains tax you may pay**||-$952||$0|
|Gift to EFAA/
Charitable tax deduction
What does this mean for local families?
As a grassroots community safety net, every additional dollar donated to EFAA makes a difference in empowering families to thrive and strengthening our community.
$500 prevents one family from losing their home by providing one month of rental assistance
$1,000 feeds 20 families so they can reallocate their limited budget to rent
$4,500 houses a homeless family for 3 months in a safe and stable home as they work to get back on their feet
Disclaimer: Everyone’s situation is different. You should consult with your own tax, legal and accounting advisors before engaging in any transaction.