Appreciated securities can make an excellent gift. A gift of appreciated securities (stocks, bonds, mutual funds, ETFs, etc.) held for more the one year generally provides significant benefits to you as a contributors, such as:
- Entitling you to a charitable income tax deduction for the fair market value of the gifted securities as of
the date of gift. - Eliminating capital gains tax that would ordinarily become due if you had sold the appreciated securities on the
open market and donated the proceeds from the sale to charity. - Providing a way to help you to achieve your long-term financial objective of reducing your income and estate
taxes.
If you have any questions regarding making donations, please contact us.