Appreciated Property

What it is:

If you are interested in giving an immediate gift to the Foundation, there are options available besides a cash gift. If you have appreciated assets, such as securities, you can give those and receive an income tax deduction for the fair market value. You will avoid paying any capital gains tax and the Foundation will not pay any capital gains tax. Consider the example below where the donor gives appreciated stock instead of selling stock and giving cash proceeds:

Why do this: If you want to receive a current charitable deduction, giving appreciated assets will save capital gains tax while ensuring that your donation is as large as possible.