Gifts of Stocks, Bonds and Mutual Funds

One of the best ways to support the Special Operations Warrior Foundation is with a gift of securities. You can donate shares of stock, bonds, and mutual funds directly to the Foundation. For many people, this is an excellent way to make a charitable gift.

Avoid Capital Gains Tax

If the securities you own have appreciated in value, you will have to pay capital gains tax when you sell them. However, if you donate them to the Special Operations Warrior Foundation, you completely avoid the capital gains tax, yet you can still claim a charitable deduction for the full market value.

An Example

Let's look at an example. Mary Smith owns 100 shares of the ABC Company, which is now worth $90 a share. She bought this stock many years ago for $10 a share. It pays her no dividends, but she has avoided selling it because of the taxes. If she sold it today, she would owe $1200 in capital gains tax, at the 15% capital gains tax rate.

By giving this stock directly to the Special Operations Warrior Foundation, Mrs. Smith can claim a charitable tax deduction of the full $9,000 and completely avoid the $1200 capital gains tax.

She is able to donate an asset that was producing no income and reduce her taxes by $2,430 this year. Most importantly, she has made a substantial contribution to the important work of the Special Operations Warrior Foundation.

Call for Assistance

If you are considering a gift of securities, please give us a call so we can provide with you the correct transfer documents. In many cases, we can work directly with your stockbroker or your mutual fund company and handle the details of the transfer for you.