National Alliance on Mental Illness
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Stock Giving

Making a Charitable Gift of Appreciated Stock to NAMI

A gift of appreciated stock, bonds, or mutual funds can provide a greater tax benefit to you than gifts of cash. If your giving involves gifts of securities, remember these gifts can save you taxes in two ways: you receive a charitable deduction and you avoid the capital gains tax on the gift. And if your securities have depreciated (i.e., if the net value is less than what you paid for them originally) you can sell them and give the proceeds to NAMI. This allows you to claim the loss when you file your taxes next April and take the charitable deduction for the amount of your gift.

For an illustration of the benefit, consider this example:

When Mrs. Riviera called NAMI last November she explained that the stock she owned had been purchased at $3.00 per share in 1989. The stock was now worth $150.00 per share and she made a gift of seven shares to NAMI. She was able to make this generous gift to the organization without incurring any capital gains tax. This year the stock experienced some losses and is now worth $125.00 per share, however, Mrs. Riviera still intends to give stock to NAMI this year. If she were to sell the stock and give a thousand-dollar gift to NAMI, she would need to sell ten shares and pay nearly $200 in capital gains taxes. Mrs. Riviera will avoid that tax and will only need to contribute eight shares of stock and will receive a charitable deduction for the full $1,000 gift to NAMI.

Transferring a Gift of Stock to NAMI

For transfer directly to our Broker:

Name: NAMI
Account Number: 504-116788-425
DTC Clearing #: 0015
Clearing Firm: Morgan Stanley
Broker Address: 1850 K Street, NW, Suite 900
Washington, DC 20036

Please include your name and address so that we may recognize you.

For transfer directly to NAMI:

Send the unsigned stock certificate by registered mail or by some other mail method that can be tracked. Then in a separate mailing (do not mail with the stock certificate) send the signed stock power. Both envelopes should be sent to:

3803 N. Fairfax Drive, Suite100
Arlington, VA 22203

For questions about making a gift of stock, please email Emily Tracy or call (703) 516-7992.