GIFTS OF APPRECIATED ASSETS

Gifts of Securities
If you’ve owned a stock for more than 12 months that has appreciated in value, you may find that it makes more tax sense to donate the stock rather than make your gift from cash. You can avoid capital gains tax and claim an income tax charitable deduction for the stock’s full, fair market value against up to 30% of your adjusted gross income. Any unused deduction can be carried forward for up to five additional years. If the stock has lost value, it’s likely better to sell the stock, claim the capital loss on your tax return, and contribute the cash proceeds.

Gifts of Real Estate
With gains in the real estate market over the past decades, you may find that a fair portion of your net worth is tied up in your home, vacation property, undeveloped land or commercial real estate. Using these assets to make charitable gifts may be the ideal way to support (your organization) and meet your own planning needs. (Act II reserves the right to not accept all gifts or each gift will be evaluated on a case by case basis.)

Reach out to our Director of External Relations Michael Jastroch (215-654-0200, michael@act2.org) anytime to learn more or fill out our online letter of intent to get the ball rolling. PROFESSIONAL ADVISOR? Click here for Act II’s information and sample language.