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By donating appreciated marketable stock or mutual fund shares,
you can avoid capital gains tax and receive a charitable tax
deduction for the full fair market value of the asset.
If the stock has appreciated significantly, you can donate
it to The Jewish Community Foundation and avoid capital gains
taxes. We will sell the stock for you and use the gift to
establish or add to a donor-advised
philanthropic fund or a named
endowment fund. Or you can use the proceeds to establish
a life-income vehicle such as a charitable
remainder annuity trust or charitable
remainder unitrust.
If the stock has reduced in value, we recomend that you sell
the stock yourself and keep the ability to write off the reduction
in value as a loss. Then, you would use the cash from the
sale to establish your fund.
Tax benefits:
- Capital gains taxes, which you would incur if selling
the stock yourself, are avoided
- Gifts 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
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