Thank you for considering giving CAPE* a gift of stocks, bonds, mutual funds, or other securities. We recommend you first speak with your Financial Advisor to determine the best course of action for any charitable gifts of stock or other securities.
When you give us a gift of securities, the tax rate of capital gains is only 25%. This is an excellent and financially responsible way to support a cause you believe in.
Here is an example of how this sort of gift will work, showing the tax credit of publicly traded securities that originally cost $1000 and are now valued at $2000:
|Taxes payable on disposition:||$1000(gain) x 25% (reduced capital tax) x 50% (assumed tax rate) = $125 Capital Gains Tax|
|Donation tax credit value:||$2000 x 50% (assumed tax rate) = $1000 claimed on income tax form|
|Net tax benefit:||$1000-$125 = $875|
Please contact us for further information:
Vera Krutzler, Fundraising Director
Downloadable Transfer form:
Gift of Securities Transfer Form
*in order to receive these tax benefits for your gift, your donation must go to our charitable wing, CHEER.