Stock Gifts

Kurt's Forward-building.jpg

You can make a gift of appreciated securities such as publicly traded stocks, bonds and mutual fund shares to the Forward Association, Inc., while avoiding capital gains tax. Once you transfer the appreciated securities to the Forward, they will be sold and the proceeds will be used to continue our mission of informing and inspiring American Jews. You will receive credit and an immediate income tax deduction for the fair market value (the median between the high and low prices on the day of the transfer).  You will also avoid capital gains tax. However, to receive the full benefit, you must have held onto the securities for at least a year before it was sold.

Making a gift of stock to the Forward is easy. Just follow this two-step process

Step 1

Authorize your stock transfer, using the information below:

Amalgamated Bank
Trust Operations Department
275 7th Avenue, 9th Floor
New York, NY 10001
Tel: 212-895-4955
Fax: 212-895-4505

DTC: 2352
Agent Bank Number: 10648
Forward Account: 1001351.1


Step 2

Contact us at 212-453-9444 or by email at once you have made your transfer, and let us know:

  • your name and contact information,

  • the name of the stock,

  • the number of shares, and

  • the date of the transaction.