Why Make a Gift of Stock?

If you itemize your tax returns, gifts of securities entitle you to a federal income tax charitable deduction. In the case of appreciated securities, you may deduct the full fair market value of your gift once you have held onto the securities for at least one year. You are permitted to carry any unused deduction forward for up to five additional years. In addition, you will avoid paying capital gains tax on the stock you donated to the New Israel Fund. 

According to IRS regulations, the date of your gift corresponds to the date it arrives in our possession (for transfers from brokerage account to brokerage account).

Following are the steps necessary to transfer stock to our account:

Step One:
Please instruct your broker to wire transfer your gift of securities to NIF’s account.  Your broker will need the following information regarding NIF’s broker:

Citigroup Global Markets, Inc.
111 Wall Street, 3rd floor
New York, NY 10043
Attn : Diane Sher

Telephone : 1-800 846 5200 or 202-243 1938
DTC Clearing # 0418
Beneficiary name : New Israel Fund
Account number : 67C14304
New Israel Fund Federal Tax ID Number:              94-2607722

Step Two:
Because electronic transfers are made without identifying the donor, please contact Sarah Lawson by phone or email and tell her the number of shares and the name of the securities that you are transferring to NIF.

Sarah Lawson
New Israel Fund
1101 14th Street, NW, Sixth Floor
Washington, DC  20005-5639
Direct Line (202) 513-7870 or
slawson@nif.org
Fax (202) 842-0991

Tax Considerations
The fair market value of your gift of securities is determined by calculating the average of the stock’s high and low price on the date that the gift is received.

New Israel Fund Federal Tax Identification Number:
94-2607722

Questions?
Please contact Sarah Lawson, at (202) 513-7870 / slawson@nif.org.