An Impactful Gift When appreciated stock is gifted outright, you can claim a federal income tax charitable deduction for the full, appreciated value.
“Many financial professionals over the years advised us to donate appreciated stock when making significant charitable gifts. It’s easy, and it just makes sense. We get to take a charitable deduction at the stock’s full fair-market value, but we don’t have to pay capital gains taxes on the increase to the stock’s value over time. It’s a great way to give back to a school that means so much to me.”
~ Gary Seldomridge ’76
“My husband and I give through appreciated stock because it’s such an easy way to give back to W&L, while also minimizing our tax liability. When we donate appreciated stock to W&L, we take a tax deduction for the full fair-market value, and avoid having to pay long-term capital gains tax. In effect, we are able to donate 20 percent more than if we had sold the stock, paid tax and contributed cash. In addition, gifting certain appreciated securities also helps us diversify our portfolio with concentrated positions. It’s a win-win.”
~ Julie Bradbury ’97
Did you know that giving appreciated stock to W&L can benefit you more than giving cash? It’s a great way to make a larger gift than might otherwise be possible and to fulfill outstanding pledge commitments.
When appreciated stock is gifted outright, you can claim a federal income tax charitable deduction for the full, appreciated value and avoid capital gains taxes. You pass your tax savings to W&L for an even more impactful gift!
Please consider a year-end gift of appreciated securities to W&L. Simply complete the online Stock Transfer Information Form and give your broker W&L’s stock delivery instructions:
Gift Account A/C# 1046108
DTC# (Participant#) 0990
Agent ID# 26209
Contact: Elizabeth “Liz” Hudgens
For more information on making a stock gift to W&L, please contact Sandy Beverly in Gift Accounting at email@example.com. For information on funding a life income gift with appreciated stock, please contact Margie Lippard in the Office of Gift Planning at firstname.lastname@example.org.
Thank you for your generous support of W&L!