Some people choose to contribute to the San Antonio AIDS Foundation by transferring securities instead of making a direct cash contribution.
Should you choose to make a gift of securities, you will not pay capital gains tax on your gift – and you may be able to claim a federal income tax deduction based on the full fair market value of the securities on the effective date of your gift.
There are several ways to transfer stock to the San Antonio AIDS Foundation. The most convenient way to donate stock is to use electronic wire transfer.
Procedures for making a wire transfer:
1. You may have your bank or broker wire transfer the securities directly in to an account the San Antonio AIDS Foundation holds at Frost Bank.
2. Please inform Monica Lerma, Sr. Financial Officer, at 818 E. Grayson St., San Antonio, Texas 78208-1013 ; telephone, 210-225-4715; email, email@example.com about incoming contributions.