There are several ways to support Shedrub Development Fund beyond making a direct donation. Gifts of securities and planned gifts through a will or trust can provide meaningful long-term support for our monasteries, nunneries, and monastic communities.
Gifts of Stocks, Bonds, and Mutual Funds
Donating appreciated stocks, bonds, or mutual funds can be a tax-efficient way to support Shedrub Development Fund.
Appreciated Assets
If securities have increased in value, transferring them directly to SDF may allow you to avoid capital gains tax on the appreciation while also claiming a charitable deduction based on the fair market value of the gift, subject to applicable tax rules.
Your broker or financial advisor can arrange the transfer using the following information:
Custodian: Gage-Wiley & Co., Inc.
120 King St
Northampton, MA 01060
Contact: Thomas Lesser
Phone: +1 413-584-7331
Account Name: Shedrub Development Fund, Inc.
Account Number: 3420-6534
Clearing Firm: First Clearing LLC
DTC: 0141
Depreciated Assets
If securities have decreased in value, it may be more advantageous to sell them first and donate the proceeds to SDF. Depending on your circumstances, this may allow you to claim the investment loss as well as a charitable deduction for the donation.
Because individual tax circumstances differ, we recommend consulting your financial or tax advisor before making a gift of securities.
Let Us Know About Your Transfer
Electronic securities transfers do not always include information identifying the donor. To help us acknowledge your gift promptly, please send us:
- Your name and contact information
- The name of the security and number of shares transferred
- The date of the transfer
Legacy Giving
Including Shedrub Development Fund in your will or trust is a way to carry your support into the future.
A legacy gift can help sustain our monasteries and nunneries and the communities in which the Buddhadharma is studied, practiced, and passed from one generation to the next.
To include Shedrub Development Fund in your estate plans, please use the following information:
Shedrub Development Fund, Inc.
39 Main Street
Northampton, MA 01060
USA
EIN: 20-4751696
Your attorney or estate-planning advisor can help you determine the form of gift most appropriate for your circumstances.
Questions?
For questions about gifts of securities or legacy giving, please contact Tom Lesser at [email protected] or +1 413-584-7331.