Gifts of Stock and Bonds
Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to AHEC. The benefits of this type of donation include:
- Avoid paying capital gains tax on the sale of appreciated stock
- Receive a charitable income tax deduction
These gifts can be made by:
Electronic transfer – Please contact us at 205-803-1523 for instructions on how you can transfer stock or bonds from your brokerage or investment account to the Alabama Holocaust Education Center.
By certified mail – If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
If you have any questions about gifts of stocks and bonds, please call us at 205-803-1523 and we will be happy to assist you and answer any questions that you have.
Gifts of Retirement Assets
Donating part or all of your unused retirement assets such as a gift from your IRA, 401(k), 403(b), pension or other tax-deferred plan is an excellent way to make a gift to AHEC.
Benefits of gifts of retirement assets
- Avoid potential estate tax on retirement assets
- Any heirs would avoid income tax on any retirement assets funded on a pre-tax basis
- Receive potential estate tax savings from an estate tax deduction
How to make a gift of retirement assets
To leave your retirement assets to the Alabama Holocaust Education Center, you will need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate the Alabama Holocaust Education Center as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.
Did you know that 60%-70% of your retirement assets may be taxed if you leave them to your heirs at your death? Another option is to leave your heirs assets that receive a step up in basis, such as real estate and stock, and give the retirement assets to the Alabama Holocaust Education Center. As a charity, we are not taxed upon receiving an IRA or other retirement plan assets.
If you have any questions about gifts of real estate, please call us contact us at 205-803-1523 and we will be happy to assist you and answer any questions that y
IRA Charitable Rollover
If you are 70½ or older, an IRA charitable rollover is a way you can help continue our work and benefit this year.
Benefits of an IRA charitable rollover
- Avoid taxes on transfers of up to $100,000 from your IRA to our organization
- Make a gift that is not subject to the deduction limits on charitable gifts
How an IRA charitable rollover gift works:
Contact your IRA plan administrator to make a gift from your IRA to AHEC.
Your IRA funds will be directly transferred to our organization to help continue our important work. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
Your IRA funds will be directly transferred to our organization to help continue our important work. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
If you have any questions about gifts of real estate, please call us contact us at 205-803-1523 and we will be happy to assist you and answer any questions that
Legacy Giving
By including AHEC in your will or estate plans, you can help sustain our important work for generations to come. We are happy to help you start the discussion with your tax and legal advisors about your wishes regarding your financial goals and creating a legacy that lasts forever.
Options include:
- Bequest: A charitable bequest can be directed in your will or trust. The amount or percentage that you direct to the Alabama Holocaust Education Center can be changed at any time throughout your lifetime See sample language.
- Life Insurance Policy: You can leave a legacy gift by naming the Alabama Holocaust Education Center as a primary beneficiary for a percentage or specified amount of your life insurance policy.
- Retirement or Pension Plans: Name the Alabama Holocaust Education Center as a beneficiary of your retirement or pension plan.
- Donor Advised Fund: Name the Alabama Holocaust Education Center as a beneficiary of your Donor Advised Fund.
Please call us at 205-803-1523 for assistance with legacy giving.
Gifts of Real Estate
Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a wonderful gift to AHEC.
Benefits of gifts of real estate
- Avoid paying capital gains tax on the sale of the real estate
- Receive a charitable income tax deduction based on the value of the gift
How to make a gift of real estate:
Your real property may be given to the Alabama Holocaust Education Center by executing or signing a deed transferring ownership. You may deed part or all of your real property to the Alabama Holocaust Education Center. Your gift will generally be based on the property’s fair market value, which must be established by an independent appraisal.
If you have any questions about gifts of real estate, please call us contact us at 205-803-1523 and we will be happy to assist you and answer any questions that you have.
Archival Donations
The Alabama Holocaust Education Center has the largest archive and library in the South. We welcome donations of books, artifacts and archival materials that help teach the history of the Holocaust and its important lessons.
