If you own securities that have appreciated since you acquired them, you may face capital gains taxes when you sell them. On the other hand, if you transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to SELF, you may receive an immediate income tax deduction for the full market value of the securities on the date of transfer (even if you originally paid less for them).
So, the donation of appreciated securities are tax-free to the donor and to SELF to the full extent of current tax law. Donors should consult their tax professionals. SELF receives the full value of your stock and uses the proceeds to bring solar solutions to the people living in the most remote corners of the world.
To transfer stock to the Solar Electric Light Fund, please contact SELF’s Financial Director, Lisa Esler, at (202) 234-7265 or firstname.lastname@example.org.
SELF’s DTC number is: 0443
SELF’s brokerage account number is: C51448485
SELF.org - Powering a brighter 21st century.
Since 1990, SELF has completed projects in more than 25 countries and pioneered unique applications of solar power such as for drip irrigation in Benin, health care in Haiti, telemedicine in the Amazon rain forest, online learning in South Africa and microenterprise development in Nigeria.
1612 K Street NW, Suite 300
Washington, DC 20006
+1 (202) 234-7265