We hope this message finds you in good spirits. We wanted to share an effortless yet impactful way to support Har Zion Temple that can benefit both you and our community immensely.
Donating stock with a low basis, unknown basis, or large capital gain can be a powerful avenue for giving. By contributing appreciated securities, you can potentially unlock multiple advantages. Not only does it allow you to support Har Zion’s mission, but it may also offer significant tax benefits for you.
The benefits of donating stock extend beyond the fulfillment of philanthropic intentions. When you donate appreciated securities, you can potentially avoid paying capital gains tax on the appreciated value, receive a charitable income tax deduction for the full fair market value of the stock, and support Har Zion’s initiatives in a substantial way. Please consult your tax advisor to confirm how donating stock could benefit you.
The process of donating stock is surprisingly simple, whether the basis of your stock is known or unknown. To make a transfer to Har Zion, please provide the instructions below to whoever holds your assets, and then also send an email to our Executive Director to let us know that a transfer is forthcoming, and what is being transferred. As soon as the transfer is received, the securities are sold as soon as possible and Har Zion receives a check for the proceeds.
For Delivering Firm Use Only
All DTC-Eligible Securities: All deliveries MUST include client name and Schwab account number
Delivery to DTC Clearing 0164, Code 40
Client name: Har Zion Temple
Schwab account number: 8936-6598
Your generosity through donating stock can make a profound difference in furthering our mission and programs at Har Zion Temple. Should you have any questions or need assistance in making a stock donation, please don’t hesitate to reach out to our Executive Director by email or at 610-667-5000 (ext. 105) for more information. Please note that we can only accept stock as a donation, and it cannot be used to pay for school tuition or other non-deductible fees.
Thank you for considering this impactful method of support. Your generosity is deeply appreciated and instrumental in our continued success.