Generally speaking, planned gifts represent gift options that can be designed to meet your personal philanthropic and financial goals. Some planned gifts, such as a gift in your will, require no current outlay of funds at all. And other planned gifts, including the charitable gift annuity, make it possible to support our work, enjoy a tax deduction if you itemize, and receive a lifetime income at the same time.

A planned gift can be a rewarding way to make a difference in others’ lives. Please contact us if we can provide more information or help you in any way.

P.S. We invite attorneys, CPAs, financial planners, and other professional advisors to click the “Professional Advisors” link to use our Advisor Reference Tool (ART) program. It provides more detailed information about planned giving concepts and techniques.

Making a Difference

Donating Appreciated Stocks: A Tax-Efficient Giving Strategy

When considering making a charitable gift, cash is often the first option that comes to mind. It’s as simple as writing a check or making a payment directly online. However, if you want to make a significant impact and receive a double tax benefit, consider donating appreciated stocks. This approach not only supports our mission in a powerful way but also provides you with unique financial advantages.

The Double Tax Benefit

One of the most compelling reasons to donate appreciated assets is the double tax benefit. If you donate appreciated stock held for over one year, you owe no capital gains tax on the appreciated value of the stock, and if you itemize your tax return, the gift qualifies for a deduction equal to the stock’s current value even though you paid no tax on the appreciation. This means you can contribute the full amount of the stock to support our work—none of it is lost to taxes. A true win-win situation for both you and us.

Ideal Scenarios for Donating Stock

Donating appreciated stock may be particularly beneficial if you find yourself in the following situations:

  • Rebalancing Your Portfolio: If you have a diversified investment portfolio and some of your stocks have significantly appreciated, or you’re looking to move toward a more conservative portfolio and reduce high-risk investments, donating a portion of these assets can help you rebalance while ensuring the continuation of our important work.

  • Looking to Create an Income Stream: A gift of stock can be used to fund a life income plan such as a charitable remainder trust (CRT) or a charitable gift annuity (CGA). Both options offer additional tax benefits while ensuring a steady income stream for you and/or your loved ones.

Read more about charitable gift annuities or charitable remainder trusts.

Making a Lasting Impact

By choosing to donate appreciated stock, you are not only making a tax-savvy financial decision but also ensuring that your generosity has a lasting impact. The process is straightforward, and the benefits are clear—substantial tax savings for you and crucial support for our mission.

Read more about gifts of appreciated stock.