STOCK TRANSFER

 

GIFT OF APPRECIATED SECURITIES

FEDERAL TAX ID #23-7154214


IRA CHARITABLE ROLLOVER GIFT

By making a gift of long-term appreciated securities to the Alpha Tau Omega Foundation you will be helping the Foundation while avoiding capital gains tax on your gift.* Just remember to first transfer the stock to the Foundation; the Foundation will then cash in the stock for its full appreciated value. To make a gift of appreciated securities, please use the following procedure:

First, transfer the stock to the Foundation’s account at UBS Financial. To do this, have your stock broker transfer the stock to the Foundation’s account at UBS Financial Services through a DTC transfer. You can transfer it directly to the following:

UBS Financial Services 5465 Mills Civic Parkway, Suite 301

West Des Moines, IA 50266

MSI account #: 8W 27736 44

DTC #: 0221

Donor: (last name, first name, middle initial) Attn: James C. Spooner, 515-237-3724

Second, please contact the ATO Foundation at 317-684-1865 to let the Foundation know of your gift. You may write, email or call with the following information:

  • The name of the donor
  • The name of the stock being transferred
  • The number of shares
  • The date of the transfer

Gifts of stock will be placed in the Foundation’s annual Loyalty Fund unless a specific designation is requested.

ALPHA TAU OMEGA FOUNDATION 333 NORTH ALABAMA ST., SUITE 220
INDIANAPOLIS, IN 46204 FOUNDATION@ATOFOUNDATION.ORG

New tax regulations for those over 70.5 years old who have an IRA allow rollover gift to be more advantageous to donors.

Who can take IRA charitable rollover gift to benefit the ATO Foundation?

Age: Individuals older than age 70.5

Dollar Amount: Rollover gift amount not exceed $100,000

Traditional IRA: Rollover gift must come from a traditional IRA. To determine if the rollover gift is available for your IRA plan, speak with your plan administrator.

How can you move forward on making a gift by using an IRA charitable rollover?

1.)Contact the company that holds your IRA prior to taking your annual minimum distribution.

2.)Direct them to send a check in the desired amount to the Alpha Tau Omega Foundation, remind them to use the rollover provision.

3.)In addition, the rollover gift satisfies the minimum distribution requirement and generates neither taxable income nor taxable deduction. You benefit without itemized deductions.

Contact Levi Shearon lshearon@ato.org or 317-684-1865, if you have any question