Jack Higgins

Jack Higgins is a DAV Life Member who courageously served in the U.S. Navy on submarine duty during World War II. In addition to being a member, Higgins and his wife are both longtime supporters of DAV. Jack delightedly explained that he was keeping a promise he'd made to himself years ago—to give back to DAV to ensure they could continue to assist his fellow disabled veterans. "Several years ago I decided to take some extra money I had set aside and play the stock martket. My wife and I promised ourselves we would donate the money we earned on the stock market to DAV, and this seems like the perfect time."

When Higgins needed to offset his taxes due to some additional income, he immediately knew what he would do. Jack is a savvy investor and knows that by giving stock directly to a charity he avoids capital gaines taxes and can claim a charitable deduction for the stock's full market value. In conversations with our Planned Giving office, Higgins pointed out that mnay stock gift donors make the mistake of cashing their stock and sending a donation of the proceeds to the charity of their choice, thus losing out on the trye value of giving stock gifts.

If you are interested in contributing stock to DAV, simply contact our Planned Giving office, and we will provide the information you need to facilitate the transfer of your stock to us. Then, you should contact your financial advisor or the stockholder to initiate the transfter process. Your final step is to provide us with the name and the approximate value of the stock gift after the transfer so we can track and acknowledge your gift accordingly.