Realize immediate tax deductions — the first time, and every time, you contribute
Your donations to the Program are fully deductible (up to allowable IRS limits) in the tax year they’re made. Contributions beyond the IRS limit may be carried over to the next year. All donations are irrevocable.
Avoid capital gains taxes on long-term appreciated securities
Donate appreciated marketable securities to the Program — transfer securities in-kind from your current brokerage account and pay no capital gains taxes.
Deduct the fully appreciated value of your securities
When you transfer long-term appreciated securities to the Program, the value of your charitable donation is the average of the high and low market values on the date the donation is transferred into the Program’s account. The Program’s policy is to sell securities as soon as they are received and to credit the proceeds amount to the donor’s fund account.
Consider an appreciated asset:
Purchase amount/cost basis
$40,000
Current market value
100,000
Unrealized capital gain
60,000
Capital gain tax rate
15%
Ordinary income tax rate
35%
Realize immediate tax savings — and increase the amount of your donation — by giving through the Program:
This example only considers your federal tax situation. You may also benefit from state tax savings.
"We make a living from what we get. We make a life from what we give." George Eliot Beyond, Fall 2001, p.3
For more detailed information
on the benefits of charitable giving, click here.
