Donate Stocks and Bonds
Invest in a Brighter Tomorrow for those Living with Pulmonary Fibrosis
By donating securities, your generous contribution will accelerate essential research funding, increase awareness of the disease, and sustain important programs for patients with pulmonary fibrosis. More than ever, your support is crucial as we continue to build momentum in the search for a cure.
Gifts of Stock
Giving a gift of publicly traded stock is both a way to propel the mission of the Pulmonary Fibrosis Foundation forward and can provide greater tax benefits than making a cash donation. By donating stock, you may avoid paying the capital gains tax on any increase in the current value over the original cost of the stock and you can save by not incurring brokerage fees because you are transferring ownership rather than selling the stock.
You can give stock that has increased in value and you have owned for more than one year to the PFF. Please use the information below to make a gift of stock:
Brokerage House: Charles Schwab
Account Name: Pulmonary Fibrosis Foundation (Tax ID# 84-1558631)
Account Number: 2182-8293
DTC Number: 0164
Your charitable income tax deduction is equal to the fair market value of the stock.
Please also contact our development team to notify us of the transfer so we can properly acknowledge your contribution. We can provide you or your financial advisor with any additional information necessary to make the donation.
Gift of Bonds
By giving or leaving your bonds to the Pulmonary Fibrosis Foundation, you may be able to reduce, or even avoid, income taxes. Savings bonds are normally taxed when they’re cashed in, reissued to another person, or reach their final maturity. Although savings bonds cannot be directly donated to a charitable organization during your lifetime, there are three easy ways to use your bonds to support the pulmonary fibrosis community:
- Redeem your savings bonds and use the cash equivalent to make a gift supporting the PFF. By redeeming your savings bonds, you will trigger a tax liability to you on the interest income, but if you itemize, you will receive the benefit of a charitable tax deduction to help offset the additional taxable income.
- Leave the bonds to the PFF through your will. Because we are a tax-exempt organization, we will receive the full value of the bonds, which could have otherwise been reduced by up to 35 percent for income taxes. For a small percentage of people, federal estate taxes might also reduce the amount available.
- Leave the bonds upon your death to a charitable remainder trust. Lifetime payments will benefit your chosen loved ones and then the balance will support our mission.
Please note: For tax years beginning in 2020, the CARES Act allows that eligible taxpayers are entitled to an above-the-line deduction of up to $300 for qualified charitable contributions. An eligible taxpayer is an individual who did not elect to itemize deductions (to file Schedule A as part of their Form 1040). A qualified charitable contribution is a cash contribution to a public charity. Please consult your tax advisor for further information. Thank you for your support of the pulmonary fibrosis community. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor.