Gift Transfers and Legacy Giving

Enjoying the shade of trees planted by those who came before us, we vow to plant more seeds for those who come after.

A Gift Transfer - Donating Stocks and Appreciated Assets

Donating appreciated stocks or mutual fund shares is a tax-savvy way to support EBS. Transferring shares avoids Federal and State capital gains taxes. And you can claim a tax deduction on the current value of the shares you donated, which is higher than what you paid for them. Meanwhile, EBS can apply those resources to sustain the community for the long term. It’s a classic win-win situation.

How do you donate appreciated assets to EBS? Your own brokerage firm will handle the transaction for you by making a direct electronic transfer of the shares from your account to the EBS Vanguard investment account. Tell your broker that you want to make an electronic gift transfer and give them the following information

Charity Name: Ecumenical Buddhist Society of Little Rock
Charity Tax ID Number: 71-0762908
Vanguard Account Number: 76163682
Vanguard DTC Number: 0062

Legacy Giving - Including EBS in Your Estate Plans

A couple of pioneering legacy donations have already made it possible for EBS leaders to think long-term and do big things. For example, when Kurt Wilhelm bequeathed his house to EBS twenty years ago he made it possible to purchase the building at 1515 W. 3rd Street. More recently, major donations from the estate of June Stewart kick-started our current plans to enhance accessibility, energy efficiency, and comfort inside the building, and build a memorial contemplation garden beside it. We are deeply grateful to June and Kurt.  

There are many different legacy giving options:

Beneficiary Designations - some people simply add EBS to the list of beneficiaries in a life insurance policy or retirement account using forms provided by the insurance company or account management company. As with a Gift Transfer, your own account managers can handle this kind of transaction for you. Give them the Tax ID listed above.

Bequests in a Will - some donors included a bequest for EBS in their Will that specifies a dollar amount, a percentage of their estate, or the remaining value of the estate after all other bequests have been paid. Fulfilling this bequest often falls to the heirs or executors. Please let us know if you have put EBS in your will so that we can assist your family when the time comes.

EBS is a qualified non-profit religious organization: all deductions to EBS are 100% tax deductible. Your broker will provide a statement documenting the charitable gift transfer for your tax purposes. EBS will also provide a written receipt acknowledging the gift.