Other Forms of Donation
Support Masjid Furqaan (a division of Al-Furqaan Foundation) by donating stocks, bonds, and/or mutual funds.
The total stock value upon transfer is tax-deductible. When you donate an appreciated stock, you receive a FULL market value tax deduction. If you donate a long-term stock, you do not have to pay capital gains on the respective stocks.
Stock donations are simple and quick.
Steps for Donors when making Stock/Mutual Fund donations:
- Inform the recipient/organization of the intended donation.
- Authorize your current broker to transfer the stock and provide them with the following information:
- Name of the stock to be donated:
- Number of shares to be donated:
- Recipient’s/Non-Profit’s account name:Al-Furqaan Foundation (Masjid Furqaan)
- Recipient’s/Non-Profit’s account number: PLR-004018
- Recipient’s/Non-Profit’s tax ID: 20-0310701
- Pershing DTC number: 0443
- Saturna Brokerage Contact: Rochelle Wolber or Samantha McGarrity
- Saturna Brokerage phone number: 800-728-8762
Should you have any questions, please contact us at 800-728-8762, ext 1103 for Rochelle or 1107 for Samantha.
Get More Out Of Your Donation
Double The Donation
You donations can be matched by the company you work for with no added cost to you. This method of donations helps provide doubled funds by taking advantage of your companies donation matching policies. Just search for your company name to see if you are eligible to double your donation.