Donating stocks is a tried-and-true tax strategy that can benefit you and your family – and help stop abuse and violence in Central Texas!
As long as you itemize, and your gift qualifies, you can claim a charitable deduction. But did you know that you can enjoy additional benefits if you donate long-term appreciated stock instead of cash?
Three benefits from one gift
Appreciated publicly traded stock you’ve held more than one year is long-term capital gains property. If you donate it to SAFE, you may be able to enjoy these benefits:
- If you itemize deductions, you can claim a charitable deduction equal to the stock’s fair market value
- You can avoid the capital gains tax you’d pay if you sold the stock
- PLUS, you have the satisfaction of knowing your gift is changing lives at SAFE!
Donating Stock to SAFE is Easy – Here’s How…
Contact Margeaux Jensen at mjensen@safeaustin.org
As always, we suggest that you seek the advice of your financial or legal advisor to make sure this gift fits your goals.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor.
