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Membership

DONATE STOCK

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 PayPal account, please click here.

Donating Appreciated Securities to Support the Hindu American Foundation

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 (purchased years ago)
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         

How Do I Donate Appreciated Securities?
Download and fill out the HAF Stock Transfer Form.  Fax it to your broker and to:
Sheetal Shah
Fax: 301.770.7837
Tel: 301.770.7835
Email: sheetal at HAFsite dot org

If you would prefer to perform the transfer by phone, please contact Sheetal Shah at HAF (see above) with the following details:
Your name
Name of stock
Number of shares

Then provide your stock broker with the stock name and number of shares you would like to contribute, as well as HAF's account information below:
Electronic Stock Contribution Information (for your broker):
Account: Hindu American Foundation
Via DTC: 0164, Code 40 (Schwab)
Account #: 3076-5374

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.

Having difficulties registering? Please contact us.