One of the biggest tax advantages in charitable giving continues to be the double benefit donors get when donating appreciated assets to University of Alabama Huntsville Foundation instead of cash. By giving appreciated assets (like stocks held for more than one year), you'll get a charitable tax deduction for the full value of the asset and avoid any capital gains tax that would have applied if you had sold the stock and made your gift in cash.
All information provided below will flow through the University of Alabama Huntsville Foundation brokerage account at Twickenham Wealth Advisors.
Bank: United Missouri Bank (UMB)
Account #: 39900001676178537
Bank: JP Morgan Chase NY
A/C Name: National Financial Services LLC
Account #: 066196221
For Credit: University of AL Huntsville Foundation 676178537
Account #: 676-178-537
Our office will need to provide donor name, stock name, # of shares, and name of where stock is coming from to Twickenham Wealth Advisors.
It is important to notify University Advancement of the specifics of this transaction (stock name, share quantity, gift designation) so we can credit your gift appropriately. Please contact us at 256-824-6501 or firstname.lastname@example.org.