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Making a gift or fulfilling a pledge through a transfer of stock or mutual funds can be very advantageous from a tax point of view, especially if you own appreciated stocks or mutual funds on which you would have to pay long term capital gains tax. By making the gift directly to a charitable organization such as the ACLU Foundation, you may avoid the capital gains tax on the appreciation of the asset, and will also realize an income tax deduction in the amount of the asset's fair market value on the date of the gift.

Each individual's tax situation is different, so you should consult your tax advisors about the best ways to make charitable gifts.

If you have decided to give stock, the process is very simple. Ask your broker to transfer the asset (stock or mutual fund) directly to the ACLU Foundation of New Jersey account:

American Civil Liberties Union of New Jersey Foundation
c/o RBC Dain Rauscher
192 Nassau Street
Princeton, NJ 08542
(609) 688-2366

DTC # 0235Account # 302-49523

Please email us at the ACLU to know to expect your gift: ddubrule@aclu-nj.org.

Some brokers like to know the ACLU Foundation of New Jersey Tax Identification Number - it is 22-2010593. This number substantiates that this is a tax-deductible gift.

If you or your broker have any problems or questions, please contact us at ddubrule@aclu-nj.org or (973) 854-1721.