Gifts of Stock

A charitable contribution of long-term appreciated securities — i.e. stocks, bonds and/or mutual funds that have realized significant appreciation over time — is one of the most tax-efficient of all ways to give. This method of giving has become increasingly popular in recent years. Among advantages often cited include:

  • Your gift may be worth more than your original investment.
  • Any long-term appreciated securities with unrealized gains (meaning they were purchased over a year ago, and have a current value greater than their original cost) may be donated to a public charity and a tax deduction taken for the full fair market value of the securities — up to 30% of the donor’s adjusted gross income. (verify current donation rules with your financial advisor)
  • Since the securities are donated rather than sold, capital gains taxes from selling the securities may no longer apply. The more appreciation the securities have, the greater the tax savings may be.

Contact Susan Smith, Development Coordinator for BCIL, to discuss your stock donation.