Stocks, Wire Transfers, and Mutual Funds
Donating shares of stocks or mutual funds is a great way to help those in need.
Tax-Wise Giving: Donating Stocks
Are you interested in making a charitable gift that may yield double tax benefits and additional savings? If so, a gift of appreciated stock may be the right option for you.
A gift of stock may provide more benefits than a cash gift. When you make a gift of stock to America's First Responders Network, by eliminating the capital gains tax that would be due upon selling the stock, you receive tangible tax-savings and benefits while also supporting the humanitarian mission. A gift of stock may be right for you if:
- You are holding stocks that have risen in value. If your stocks are highly appreciated, you may find yourself with a hefty tax bill when it comes time to sell. By using these securities as a gift, you can avoid the capital gains tax on any paper profit.
- You would like to maximize your deduction while not affecting your liquidity. If you decide to make a gift of stock, you not only retain your cash assets, but you also receive a charitable tax deduction for the full fair market value of the stock that you’ve owned for more than one year.
Your gift of appreciated stock to America's First Responders Network helps ensure that no one faces life’s darkest moments alone. We couldn’t be where we’re needed most without the support from people like you.
Three Reasons to Invest in America's First Responders Network Mission
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Stock Donation Transfer
Securities can be gifted to America's First Responders Network in two ways - electronically or by physically mailing certificates. Either method is acceptable, but it is necessary for you to contact your broker to initiate the transfer.
Electronic Transfers:
Ask your broker to donate through:
Ameriprise Financial Services, LLC
C/O: Jason Sands
DTC Number:
ACCT Name: America's First Responders Network
(Tax ID# 99-3076648)
ACCT Number:
NOTE: Certificates already registered in the name of America's First Responders Network do not require either the stock waiver or stock power for execution of transfer.
Registered Mail:
Mail your UNENDORSED certificate(s) with a Stock Power Form by registered mail, to:
America's First Responders Network
Attn: Gift Processing Unit
6635 De Celis Place
Lake Balboa, CA 91406-5711
NOTE: Certificates already registered in the name of America's First Responders Network do not require either the stock waiver or stock power for execution of transfer.
Wire Transfers
For those who wish to electronically transfer funds to America's First Responders Network, gifts may be sent via wire transfer.
Please follow the instructions below, or reach out to WireDonations@AFRN.org if additional support is needed.
Domestic Transfers (within the U.S.)
Step 1. Please provide the following information to your financial institution who will initiate the wire transfer/EFT. By completing the form in Step 2, the below information will be e-mailed to you.
Account Name: America's 1st Responders
Bank Name: U.S. Bank
Location: 17250 Ventura Blvd - Encino, CA 91316
ABA Number: 122235821
Account Number: 157535303711
Reference: This field is used to identify the donor and the designation of the donation. The maximum number of characters that can be used is 80 (including spaces and punctuation). Please abbreviate the designation of the donation when possible (e.g., Disaster Relief = DR, undesignated = U, Service to the Armed Forces = SAF, etc.), and provide the donor name, address and zip code to allow the Red Cross to appropriately record and acknowledge the donation. If additional information or special instructions need to be communicated, send the supplemental information to WireDonations@AFRN.org.
Step 2. Please complete the Wire Transfer Form below. Upon completion, this form will automatically be transferred to our donation processing team to facilitate accurate processing when your wire transfer arrives.
[Form]
Mutual Funds
America's First Responders Network has accounts open at many of the large fund companies, which is necessary to initiate the transfer. However, we recommend that you email us at StockDonations@AFRN.org to confirm if an account number is available. It may be necessary for us to establish an account to accept transfers of shares. Some mutual fund companies take 3-6 weeks to process your gift.
Want to learn more about gifts of stocks, bonds, or mutual funds? Click here.