Donating

STock

Donating stock and appreciated assets to the Deke Foundation not only helps us make an impact on thousands of young men's lives, but it is also a highly effective tax savings strategy.* The two primary benefits to donors are the ability to avoid or reduce capital gains tax, and eligibility for an income tax deduction for donating to a qualifying non-profit organization like the Deke Foundation. Please note, the deduction for charitable stock donations of this nature is for the full fair-market value of the stock(s) at the time of the gift.

When the Deke Foundation receives stock gifts or appreciated assets, our organization immediately sells the stock converting it into the liquidity needed to support Delta Kappa Epsilon's initiatives. The Deke Foundation will earmark part of the funds to the Chapter of your choosing at that time.

It is important to note, selling securities on the open market and donating the proceeds to a 501(c)(3) such as the Deke Foundation will still incur capital gains taxes. Please contact your broker before pursuing a charitable stock transfer to ensure you can take advantage of the various benefits that could be afforded to you. You and your broker can facilitate a sock transfer using these wire transfer instructions:

• Depository Trust Company: #0725 | Raymond James
• For the benefit of: Account number 414KT788 | The Deke Foundation 
• Tax Id Number: 38- 2407195
• Account Address: Raymond James, 880 Carillon Pkwy St. Petersburg FL, 33716
• Raymond James Contact: Elliott Jones | (205) 737-8069

We ask that you please contact us at (734) 302-4210 as soon as possible after initiating a stock transfer to disclose the securities and number of shares you will be transferring to the Deke Foundation. We will send a gift confirmation and ensure your gift is directed toward the appropriate chapter, fund, or DKE initiative.

If you have questions about gifting stocks or appreciated assets, including questions about gifting paper stock certificates, please contact Craig Dick - DKE Foundation Director of Development to assist you with your donation. Craig's contact details are listed below. We are so grateful for your interest in donating stock and appreciated assets to our organization.

Craig Dick

Direct of Development

(734) 302-4210

craig@dke.org

*The Deke Foundation and its associates are not legal advisors, financial advisors, or accountants. Please consult with your attorney, accountant, financial advisor, broker, and/or other pertinent professionals before making your donation to ensure you will qualify for the intended results. Nothing on this page or website should construed as legal or financial advice. DKE waives all liability and responsibility as it pertains to tax deductions, tax benefits, or other expected financial outcomes expressed in this content. We are basing this information on previous experience with stock gifts, but each donor's circumstances are different therefore is apt to net different results. Please consult with professionals before donating.