Appreciated Securities
Donors who contribute long term appreciated securities to the Foundation get a double federal tax benefit. Gifts of appreciated securities are deductible at their full market value if they have been held longer than twelve (12) months. Fair market value is the average of the high and low trades on the date of the gift. The capital gains tax on the stock’s appreciated value (the difference between the stock’s cost and its present fair market value) is completely avoided. The fair market value of the donated stock qualifies as an income tax deduction up to 30 percent of the donor’s adjusted gross income, with a five-year carry-forward if required.
