Gifts of Appreciated Securities

Gifts of appreciated securities are a popular alternative to cash gifts since they offer many tax advantages. In addition to receiving an income tax deduction for the full market value of the securities, you also avoid capital gains tax on the appreciation. In essence, you save twice--on income tax and capital gains tax. If the security is used to fund a charitable trust or gift annuity, you may receive substantial estate and gift tax benefits as well.

How to Make a Gift of Securities to AAAS

If your broker or bank holds yours certificates of stock:

Please inform your broker that you wish to make a gift of stock to AAAS. They will want to know the name of the stock and number of shares you are contributing.

After notifying your broker, please contact AAAS Development by at 202-326-6636 or 1-800-215-1969, or by e-mailing Director of Development Juli Staiano. Please be prepared to provide the following information:

• Your broker's name and telephone number
• The name of the stock and number of shares you wish to contribute
• The designation of your gift

We promptly will call your broker with instructions for the disposition of your gift. Please remember, DO NOT sell the stock and forward the proceeds to AAAS. This will jeopardize the excellent tax benefits you could receive for the disposition of the stock.

You will be notified of the amount of your contribution deduction based on the date that the transfer is completed.

If you hold the certificates of stock yourself:

Please mail them via U.S. Postal Service (first class/registered) without an endorsement or assignment, along with a letter stating the purpose of your gift to:

In a separate envelope, please send one endorsed Stock Power for each certificate. Endorse each form exactly as your name appears on the front on your certificate(s). You do not need to include additional information on the Stock Power Form. If you do not have a stock Power Form, please call AAAS Development at 202-326-6636 or 1-800-215-1969 and a form will be provided.

Please send the form to AAAS at the address listed above. If you prefer, you may call AAAS Development at 202-326-6636 or 1-800-215-1969 and arrange a convenient time to deliver the forms in person.

Your stock certificates will not be negotiable until we receive both envelopes, making this a safe way to transfer your stock to AAAS. Your gift date is established from the postmark on the envelope. We will notify you of the valuation of the stock based on that date.