Appreciated securities are those that are worth more today than when you acquired them. When you sell appreciated assets after owning them for one year, you will have to pay tax on the capital gain (the difference in your purchase price and the sell price).
By donating these assets directly to charity, you avoid the capital gains tax. (It is important that you transfer the asset directly rather than selling it and donating the cash proceeds).
Talk with your tax or financial advisor to discuss the best strategy for making a gift of appreciated assets.
Giving shares of appreciated stocks, bonds, mutual funds, and other securities can be an excellent way to give because you do not pay capital gains tax on the appreciation of the securities, and you receive a deduction for their full market value on the date of the gift.
Additionally, people who are age 70½ or older can contribute up to $100,000 from their IRA directly to a charity and avoid paying income taxes on the distribution.
View and download our Gift of Securities information below!
Have questions, or need help setting up a gift in your will or trust?
Call our Director of Development Stephanie Wilson. If you've already set up a gift in your will or trust, please let us know so that we can recognize you.