Stock Transfers

Gifts of appreciated securities offer important tax advantages, since their full fair market value is deductible as a charitable contribution up to 30% of adjusted gross income each year when itemizing deductions. Like gifts of cash, deduction amounts that exceed the limit can be carried forward for up to five additional years. Capital gains taxes do not have to be paid on the appreciated portion of the gift.

After the Community Foundation liquidates the securities, the value of the gift (net broker's commission and fees) is available to support the donor's charitable goals. The Community Foundation can accept gifts of publicly traded stock, publicly traded bonds, closely-held stock, restricted stock, partnership interests (such as limited partnerships), interests in limited liability companies and mutual funds.

View our stock transfer instructions to get started.

 

Additional Information

A knowledgeable member of the Community Foundation staff is available to discuss specific scenarios that you are handling for a client. We can provide you with materials or gift illustrations to supplement your own materials, and are also available to attend joint meetings with your clients if appropriate. Contact us by phone at (315) 422-9538 or fill out this form.

 

Learn More:

Talking to Your Clients About Giving
How We Can Help
Types of Funds
Why Partner With Us
Types of Assets
Legacy Planning
Administrative Fees
Request a Meeting