Donate Stocks
Support Furqaan Project by donating stocks, bonds, and/or mutual funds.
The total stock value upon transfer is tax-deductible. When you donate an appreciated stock, you receive a FULL market value tax deduction. If you donate a long-term stock, you do not have to pay capital gains on the respective stocks.
Stock donations are simple and quick.
Steps for Donors when making Stock/Mutual Fund donations:
- Email [email protected] of your intention to donate stock/mutual funds for Furqaan Project
- Authorize your current broker to transfer the stock and provide them with the following information:
- Name of the stock to be donated:
- Number of shares to be donated:
- Recipient’s/Non-Profit’s account name: Al-Furqaan Foundation
- Recipient’s/Non-Profit’s account number: PLR-004018
- Recipient’s/Non-Profit’s tax ID: 20-0310701
- Pershing DTC number: 0443
- Let the representative know the donation is for Furqaan Project
Should you have any questions, please contact Saturna Brokerage at 800-728-8762, ext 1103 for Rochelle Wolber or 1107 for Samantha McGarrity
