Let your charitable dollars make a more significant impact by donating long-term appreciated securities, such as publicly traded stock, bonds, or mutual fund shares, to Conservation Foundation of the Gulf Coast, Inc. Stock donations can also be used to endow an annual gift or establish a planned gift.
Appreciated securities are investments that have increased in value from the time they were purchased. Some individuals and households may be able to take advantage of IRS tax provisions to claim a charitable tax deduction for the total, fair market value of the securities, and you may avoid paying capital gains tax on the transfer.
Instead of selling your investments and donating the after-tax cash proceeds, donating stock to Conservation Foundation of the Gulf Coast, Inc. increases your gift and tax deductions. A gift of stock made before December 31 of a calendar year may reduce your tax burden for the year you give. Your financial advisor can explain the possible tax benefits depending on whether the stock has appreciated or lost value since you acquired it.
Transmittal instructions for the donation of securities and wires can be accessed here.
