Giving Smarter: Leveraging Stock Appreciation for Charitable Impact
Own stock that’s increased in value (and that you’ve owned for at least one year)? You have a unique opportunity. If you donate your shares, you’ll receive the same tax savings that you would if you wrote Vail Health Foundation a check…but with the added benefit of eliminating capital gains taxes!
Supporting our mission and those we serve through a gift of securities is as easy as instructing your broker to transfer the shares. The past decade has seen many swings in the financial markets, but you may still have appreciated stock in your portfolio that could be used to make a charitable gift to our organization.
How a Gift of Stock Works
$25,000 today’s stock value
$10,000 stock purchase price
Selling the stocks:
$2,250: Capital gains tax owed ($15,000 x 0.15 capital gains tax rate for those in a tax bracket of less than 37%)
Donating the stocks to Vail Health Foundation:
$25,000: Income tax charitable deduction
$0: Capital gains tax
If you aren’t ready to give up your stocks during your lifetime, you can designate them as a gift in your will or living trust. You’ll have the flexibility to change your mind at any time, plus you can continue to receive dividends and participate in shareholder votes.
We are happy to work with your advisors to help you plan for tomorrow and receive maximum benefits today.
Take the Next Step
We can help clarify and document the steps to donate stock to our organization. Simply contact Aaron Ciszek at 970.569.7574 or aaronc@vailhealth.org and Anne Walters at 970.569.7648 or anne.walters@vailhealth.org to see how this gift can be a win-win.
You may also visit our Planned Giving website to learn more and sign up for our newsletter.
Information contained herein was accurate at the time of printing. The information in this publication is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.
