Gifts of stock and other securities are a convenient way to make a big impact. Not only will your contribution help move us towards the peace and security of a world without nuclear weapons, it may also help you save money.
By making a gift of stock held longer than one year, you may completely avoid paying capital gains tax. In addition, you may receive an income tax deduction for the current market value of the gift. You may deduct gifts totaling up to 30% of your adjusted gross income in any year, with a five-year carry-over for any excess.
If you hold stocks or bonds with a broker, you may transfer the security electronically by instructing your broker to send the security to our account through the Depository Trust Company (DTC). You may contact either Ploughshares Fund or our Account Manager at JP Morgan Private Bank for further information before executing a transfer.
Ploughshares Fund contact:
Phone: (415) 668-2244 x306
Fax: (415) 668-2214
Ploughshares Fund account at JP Morgan/Bear Stearns:
JP Morgan/Bear Stearns Private Bank
Contact: Private Bank Team Account Executive, Diana Mooney
Phone: (888) 576-0043
Fax: (888) 576-0031
Securities are transferred into Ploughshares Fund’s account anonymously. Please notify Samara Dun (contact above) of your name, address, stock and number of shares being donated before executing the transfer. Of course, we will respect the wishes of donors who prefer not to have their name publicly disclosed.