Gifts of Securities
A gift of an appreciated stock which you’ve held for more than a year is better than giving cash.
If you donate stock that has increased in value since you bought it – and if you itemize deductions -- you can take a charitable deduction for the stock’s fair market value on the day you give it away. You’ll also avoid capital-gains taxes on the increase in value over time, which you would have had to pay if you sold the stock and then donated the cash proceeds to the Foundation.
The ACBL Educational Foundation is a registered 501(c)(3) non profit organization #58-1733600. Your donation is tax deductible to the extent allowable by law. No goods or services will be provided in return for this contribution.
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