Stock Donations are a great way to get an added value for your contribution. If you have owned a stock for more than one year, your stock donation gives the following benefits:
(1) You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them;
(2) You pay no capital gains tax on the transfer when the stock is sold;
(3) Giving appreciated stock could be more beneficial than giving cash.
Please always consult your own tax planner or financial advisor before making such donations. To donate stocks or mutual funds to GHRC, please provide your broker the following information:
Name of Account: GUATEMALA HUMAN RIGHTS COMMISSION
Name of Broker: Wells Fargo Advisors
DTC Number: 0140
Account: 8760-0231
Tax ID: 52-1295497