A gift of appreciated securities is a popular alternative to a cash gift because it actually saves taxes twice. You receive an income tax deduction for the full fair market value of your securities (if you’ve held them for more than one year) plus you also save the capital gain tax on the appreciation.
Give publicly traded securities that have appreciated in value. Receive a charitable deduction for the full fair market value of the securities on the date the gift is made. In addition, pay no capital gains tax on the appreciation.
Notify JUF before making your gift of securities. Include the date, stock name, and number of shares. Without prior notification, stock gifts transferred to JUF without the identity of the donor, make it difficult to credit and acknowledge the donor.
If you have any questions please call Larry Wolf at 312-357-4784 or email firstname.lastname@example.org.