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Our Services | Foundation | Securities
Securities |
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A gift of appreciated stocks or bonds has the same positive benefit to the Raritan Bay Healthcare Foundation as a cash gift - however, a gift of appreciated securities is usually more beneficial to you, the donor, than a gift of cash.
With a gift of marketable securities which have been held longer than one year you receive a charitable deduction for the full fair market value (FMV) of the securities. The FMV is determined by the average of the high and low sales prices of the stocks on the gift date. You may apply the gift as a deduction up to 30% of your adjusted gross income in the case of securities, with the same five year carry-over provision - and avoid gift and estate taxes - as with gifts of cash. In addition, you avoid paying any taxes on capital gains on the appreciation in the value of the securities. This can be a major benefit to you if your securities have grown substantially in value.
Appreciated securities also have significant advantages to you when used to fund a Charitable Gift Annuity, a Charitable Remainder Annuity Trust or a Charitable Remainder Unitrust.
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