Many AIPAC contributors find that they can easily establish their legacy with a gift of cash or by transferring stocks to AIPAC or its affiliated charitable organization. Both options allow contributors to realize multiple tax advantages now.
A gift of cash can be made to AIPAC (Tax ID # 53-0217164) or charitably to the American Israel Education Foundation (Tax ID # 52-1623781).
How to Give Your Cash or Stocks Gift
Cash gifts are the simplest way to give. Use this low-income producing asset to fund your AIPAC Tomorrow gift. Stock contributions offer you an easy and tax efficient way to fund your AIPAC Tomorrow gift. We consider gifts of private or restricted stock on a case by case basis.
To discuss such gifts, please contact us. You also can contact us to discuss the best way to make your outright gift of cash or stocks. Your gift of $100,000 or more will establish a named endowment fund.
Stock must be directly transferred to AIPAC or its affiliated charitable organization in order to receive maximum tax benefits from the gift. Contact us to receive the transfer information.
Whether cash or liquidated stocks, the principle gift amount will remain intact and be invested in the endowment fund until your passing. At that point, the earnings from your investment will be distributed into AIPAC's annual budget at a rate of 5% per year.
Benefits of a Gift of Cash or Stocks
There are many benefits that may be available to you by contributing a gift of cash or stocks.
- One hundred percent of your stock market earnings can be used to help secure Israel's future. And, transferring appreciated stocks that have been held for a year or more also enables you to avoid paying the capital gains tax.
- By designating your gift to AIPAC's affiliated charitable organization, you will receive an income tax deduction in the year you make the donation.
- For a gift of stocks, you will receive an income tax deduction for the value of the shares you donate.
- A gift of cash or stocks made during your lifetime removes the asset thereby reducing your taxable estate. Transferring appreciated stocks from your holdings may also enable you to avoid paying capital gains taxes.