Gifts of Securities to Brandworkers
Thank you for your interest in making a gift to Brandworkers in the form of a stocks or bonds. Please complete this form to receive your tax-acknowledgement. Brandworkers will send you an acknowledgement and a receipt for your gift, based on the value of the shares on the date we received them. (The deduction is based on the average of the high and low value of the stock on the day Brandworkers received your stock.) You receive an income tax deduction for the full market value of your shares and avoid all the capital gains tax that you would have owed had you sold them.
Notify your broker that you want to make a gift of stocks or bonds to Brandworkers and instruct your broker to transfer the securities, if DTC-eligible, to Brandworkers’s account with Amalgamated Bank. Your broker will need the following information:
DTC number: 0443
Credit to: Brandworkers International, Account: NAW009256
The tax identification number of Brandworkers is 26-0798625.