You may be able to take advantage of certain tax benefits when you gift stock and other securities to Aspen Valley Land Trust. If you have held stock for more than one year and it has appreciated, your gift of stock can have a bigger overall impact than a gift of cash.
By donating appreciated stock, your capital gains tax, which applies if you sell the asset, can be avoided. Additionally, your gift receives a tax-deductible receipt for the entire fair market value of the stock on the date of transfer – no matter what you originally paid for it.
Giving stock might be easier that you think. Before you give, please consult with a qualified tax professional regarding your available charitable tax deductions. If you have additional questions about stock transfers to AVLT you may contact Merrill Lynch, Di Ianni & Associates in Aspen at 970.429.2200.
If you intend to make a gift of stock to AVLT, please let us know by calling 970.963.8440 or emailing Jeff Davlyn.
Contributions can be made to AVLT in the following ways:
DTC STOCK DONATIONS DTC # …….….….….….….….….….….….….…….…...….….. 8862 Account Name …….….….….….….….….….….….….…... Aspen Valley Land Trust Account Number ……….….….….….….….….….….….… 61Z-07073
FEDERAL FUNDS WIRE Bank name…….….….….….….….….….….….….…….….….Bank of America, N.A. Bank location…….….….….….….….….….….….….…….….New York, NY ABA…….….….….….….….….….….….….…….….….….…...… 026009593 Account Number…….….….….….….….….….….….…..…6550113516 Account Name…….….….….….….….….….….….….……...Merrill Lynch FFC (For further credit) …….….…..........................….Aspen Valley Land Trust Account Number…….….….….….….…......................…61Z-07073
THANK YOU! You are investing in land and water conservation and making important projects possible. Aspen Valley Land Trust is a 501(c)3 nonprofit organization, with the tax ID 84-0574754. All contributions are tax-deductible to the extent allowed by law.