Gifts of Appreciated Securities
Donating appreciated stock is a cost-effective way to make your gift. You receive an income tax deduction for the full market value of the shares and AFAR can use 100 cents on the dollar.
For securities held longer than one year, you receive an income tax deduction for the full market value of the shares given, regardless of what you originally paid for them. You also avoid paying capital gains tax that would be due on a sale of the stock.
You can designate your gift for a specific purpose or to fund an endowment, or you can allow the president the discretion to use it to meet pressing needs or to take advantage of new opportunities.
Please contact Barry Rolett (AFAR President) at email@example.com