A gift of long-term appreciated securities, either publicly traded or from a closely held company, may provide you with greater tax advantages than a gift of cash.
Stock Gift - Tax Benefits Opportunity
Recent record highs in The Dow make this a great time to
make a gift of appreciated securities such as stocks to Cardinal Stritch
With the current steady rise in the stock market, many investors are likely to
own shares that have substantial gains. There may be significant tax benefits
to directly donating these stocks instead of cash.
By transferring appreciated stock directly to Cardinal
Stritch University you can double up on tax benefits:
charitable deduction plus
2) avoiding tax on the
appreciated value of the donated stock.
You want to donate $20,000 to Cardinal Stritch University.
You own $20,000 worth of stock which you purchased for
$5,000 five years ago.
If you sold the stock then donated the $20,000 cash, you would receive a $20,000
However, you must report the $15,000 capital gain on the
The $15,000 gain will be taxed at 15% resulting in a $2,250 loss to taxes.
Alternately, you could donate appreciated stock of
approximately $20,000 directly to Cardinal Stritch University. You get the same
$20,000 charitable deduction and
avoid tax on the capital gain.
It is important to know that you must have held the
appreciated stock for more than one year in order to deduct the full market
For more information or make a gift of securities, please contact:
Rob Buckla at (414) 410-4201 or firstname.lastname@example.org
Chris Lange at (414) 410-4207 or email@example.com