Membership is open to all regardless of nationality, ethnicity or religion.
HAF is a tax-exempt, non-profit 501(c)(3) organization. Tax I.D. 68-055-1525
Minimum donation for General Membership is $51 per year. Student Membership is $25 per year.
Donations greater than the minimum are always welcome.
If you prefer to donate online with a credit card or Google Checkout account, please click here.
While donating cash is the simplest and fastest method for many, the Hindu American Foundation allows you to make a new pledge or fulfill an older pledge with appreciated securities. Gifts of stock can provide you with potential tax advantages while supporting the important efforts of HAF. If you have appreciated securities, by donating the stock to HAF, you can bypass the capital gains tax that would be due if you sold the asset yourself, while still getting the full tax benefit of the value of the stock you transfer.
Example:
Samir wants to donate $50,000 to HAF. After comparing the cash versus stock option, he learns that he will have tax savings of $6,000 with a gift of stock.
Donate Cash
Cost = $50,000
Donate Appreciated Stock
Original cost of stock = $10,000
Current value of stock = $50,000
Capital gains tax saving = 15% capital gains rate * $40,000 gain = $6,000 tax savings
Cost after-tax-savings = $44,000 (Note: For capital gains tax savings, stock much be held by donor for at least year prior to donation)
How Do I Donate Appreciated Securities?
The process is simple! Provide your stock broker with the stock name and number of shares you would like to contribute, along with HAF's account information below:
Firm Name: Smith Barney
Account Name: Hindu American Foundation
DTC #: 0418
Account #: 373-2731C-15
Then contact Sheetal Shah at 301.770.7835 or sheetal@hafsite.org who will confirm when your order has been successfully completed.
Important Note
HAF retains the right to sell the securities after they have been transfered into our account. The information on this form is not intended to represent legal or tax advice or to substitute for such advice. Individuals should consult with their advisors on all legal and tax matters.
Privacy Policy: HAF does not collect on this site personally identifiable information, including without limitation, your name, address, phone number or e-mail address, unless provided by you. This information is stored securely only for as long as it is required for the purpose for which it has been provided and is kept confidential unless sharing with a third party is required is to effectuate the purpose and objectives for which the information has been provided or where sharing it is required by law. Under no circumstances will the information provide by you be sold or rented to any third parties.