Gifts of appreciated stock
Contribute without incurring capital gains taxes
By donating appreciated marketable stock or mutual fund shares, donors can reduce capital gains tax and receive a charitable tax deduction for the full fair market value of the asset.
If the stock has appreciated significantly, donors can give it to The Jewish Community Foundation and avoid capital gains taxes. We will sell the stock and use the gift to establish or add to a donor-advised philanthropic fund or a named endowment fund. Or the stock can establish a life-income vehicle such as a charitable remainder annuity trust or charitable remainder unitrust.
If the stock has reduced in value, donors can sell the stock themselves and write off the reduction in value as a loss. Then the cash from the sale can establish or add to a fund at the Foundation.
Tax benefits:
- Capital gains taxes, which would be incurred if just selling the stock, may be avoided
- Gifts are deductible up to 30% of a person's Adjusted Gross Income (AGI) and can be carried forward for up to five years
At a glance:
- Donate appreciated, marketable securities to make a difference in the community
- Avoid income tax and capital gains tax
- Fund a variety of charitable vehicles
More:
Instructions for transferring stock to The Jewish Community Foundation