AN OUTRIGHT GIFT OF SECURITIES
SAVE IN TAXES THIS YEAR
If you would like to support Hope Health & Sunshine Foundation with a tax-smart donation this year, a gift of appreciated stocks, bonds, or other marketable securities that you have held for more than one year may be just the right gift for you.
YOUR BENEFITSWhen making a gift of appreciated securities owned for more than one year, you will receive a double tax benefit:
- You qualify for a federal income tax charitable deduction based on the current fair market value of the securities, regardless of their original cost.
- You can reduce or eliminate capital gains taxes on any increase in the value of the securities–taxes you would pay if you had otherwise sold them.
STEPS TO TAKE TO MAKE YOUR GIFT
- If you have the physical securities, either hand-deliver them to us or mail us the stocks and stock power separately.
- If you don’t have possession of the physical securities, instruct your broker to electronically transfer your intended shares and notify Hope Health & Sunshine Foundation once the transfer is complete.