Ways to Give

Gifts of Securities & Donor Advised Funds

Gifts of stocks, bonds and mutual funds can benefit you if you hold a security that has increased in value since you acquired it.  By making a gift of stock, for instance, that you have held longer than one year, you:

  • Completely avoid paying capital gains tax
  • Receive an income tax deduction for the current market value of the gift
  • May deduct gifts totaling up to 30% of your adjusted gross income in any year, with a five year carry-over for any excess.

Consult your tax advisor and broker regarding the tax-deductablity and timing of your gift.

To make stock gifts to the Peconic Land Trust

Give your broker the following information to facilitate the transfer of shares: 

  • Fidelity Investments 
  • DTC#0226
  • For Credit to: Peconic Land Trust
  • Account Number: Y03-148806
  • Taxpayer ID Number: 11-2667021

Prior to transferring shares, or if you have any questions, please notify Amanda Abraham by email or by calling 631-283-3195, with the following information:

  • Donor Name
  • Name of Stock
  • Number of Shares bring Donated

Another option includes making a gift through a Donor Advised Fund.

What is a donor advised fund (DAF)?

A Donor Advised Fund (DAF) is a philanthropic vehicle established at a community foundation, mutual fund company, or brokerage firm, which allows you to pool your money in one place and decide where to donate it later.

By establishing a DAF, donors can make a charitable contribution, receive an immediate tax benefit, and recommend grants from the fund over time.

DAFs are the most popular and fastest growing charitable giving vehicle. 

How does it work?
  • You make an irrevocable contribution to the DAF, and immediately receive the maximum tax deduction that the IRS has to offer.
  • Your contribution is placed in the account, where it can continue to be invested and grow tax free.  
  • At any time afterward, you can recommend grants from your account to qualified charities.
What are the main advantages of donor advised fund?
  • Simplicity: The DAF sponsor handles all record-keeping, disbursements, and tax receipts.
  • Flexibility: Timing of your tax deduction can be separate from your charitable decision making.
  • Tax-efficiency: Contributions are tax-deductible and ay investment growth in the DAF is tax-free. It is also easy to donate long term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock
  • Family legacy: A DAF is a powerful way to build or continue a tradition of family philanthropy.
  • No start-up costs: There is no cost to establish a donor-advised fund. However, there are often minimum initial charitable contributions to establish the DAF (typically $5,000 or more).**
  • No transaction fees: Once approved, 100% of your recommended grant goes to your qualified public charity of choice.**
  • Privacy if desire: Donors may choose to remain anonymous to the grant recipient.

**Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees vary by sponsoring organization.

To learn more of to make a gift, please contact Amanda Abraham by email or by calling 631-283-3195.