Does Modest Needs accept gifts of appreciated stock?
Yes. If you’re considering making a gift of stock, then you probably are aware of the significant tax benefits available to those persons who make gifts of appreciated stock to charity. Such gifts can tremendously reduce your tax liability while assisting a large number of persons who have requested help from Modest Needs. We’re very happy to be able to accept gifts of this type. Modest Needs maintains a brokerage account for the sole purpose of receiving gifts of appreciated stock. If you’d like to make a gift of stock in any amount, please call (212) 463-7042 or contact us by e-mail. We’ll give you all the information you need to initiate the stock transfer.
