If you own securities that have appreciated since you acquired them, you may face capital gains taxes when you sell them. On the other hand, if you transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to ASELF, you may receive an immediate income tax deduction for the full market value of the securities on the date of transfer (even if you originally paid less for them).

So, the donation of appreciated securities are tax-free to the donor and to ASELF to the full extent of current tax law. Donors should consult their tax professionals. ASELF receives the full value of your stock and uses the proceeds to bring solar solutions to the people living in the most remote corners of the world.

To transfer stock to the African Solar Electric Light Fund, please contact ASELF’s Financial Director, First Name, at (xxx) xxx-xxx or name@aself.org.

ASELF’s DTC number is: xxxx

ASELF’s brokerage account number is: Xxxxxxxxx