Stock Donations: Make Your Gift Go Even Further
Giving a donation of stock (appreciated securities) benefits MADRE the same way a cash gift does, and, as the donor, you benefit in several other ways:
- Receive a federal tax deduction of the full market value (selling price) for each stock contribution you make.
- Avoid paying capital gains taxes.
- Do not trigger the federal alternative minimum tax.
Consider the Following Example of a Gift of Appreciated Securities:
| Current Market Value of Stock Gift | $10,000 |
|---|---|
| Cost Basis (Original Cost) | $2,000 |
| Capital Gain | $8,000 |
| Income Tax Deduction for Donor | $10,000 |
| Tax Savings from Deduction | $3,500 |
| Capital Gains Tax Avoided ($8,000 x 15% capital gains tax rate) | $1,200 |
| Total Tax Savings ($3,500 + $1,200) | $4,700 |
| Benefit to MADRE | $10,000 |
Giving a gift of stock is simple. Please contact Vivian Stromberg, Executive Director, at 212-627-0444 or fundraising@madre.org to learn more about this option.