A gift of stock helps Nalandabodhi continue to share the timeless wisdom and boundless compassion of the Buddha, and to build kind communities in today’s world.
Stock and other securities that have increased in value (and that have been held for more than one year) offer you the chance to support Nalandabodhi while realizing benefits for yourself.
When you donate stock or other securities, you can reduce or even eliminate U.S. capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer. At the same time, your generosity supports Nalandabodhi’s teachers, our dharma programs, and the operation of Nalanda West, our international sangha home.
There are two basic options for gifting securities. You can make an outright gift by identifying the securities to be transferred and asking your broker to make the transfer to Nalandabodhi’s brokerage account. You can also place a transfer on death (TOD) designation on your brokerage or investment account, to ensure that the proceeds from your account will be paid to one or more persons or charities after your lifetime. Please note that TOD accounts are governed by state law, and consult your broker or financial advisor if you are considering this type of gift.
To offer a gift of stock
If you have any questions about making a gift of stock or other appreciated securities, we will be happy to help you. Please contact: development@nalandabodhi.org.