Gifts of Stocks, Bonds, or Other Securities

Oct 15, 2019

For those interested in planned giving options, United Way of the National Capital Area offers many opportunities for leaving a lasting legacy with your philanthropy through planned giving and estate planning.

As a resource for you, each quarterly newsletter will highlight different planned giving opportunities, including IRA related giving, Charitable Gift Annuities, Donor Advised Funds, gifts of appreciated stocks, bonds, and securities, and bequests through wills and estate plans.

For this quarter’s newsletter, the focus is gifts of appreciated stocks, bonds, or other securities as a convenient, tax-effective way to help your favorite charity achieve its mission.

To initiate a gift of appreciated stocks, bonds, or other securities, first, contact the charity you wish to receive the gift and gather details regarding its method for accepting those gifts, including the name of its brokerage house, account number, and DTC number.  You will need to provide those details to your broker to ensure the gift reaches the correct charity.  When contacting the charity, be sure to let them know your name and gift details as those items rarely transfer with the gift – this will help the organization ensure the gift is received and to steward you properly by providing the necessary tax deduction documents.

Giving appreciated stocks, bonds, and other securities provides you with significant tax benefits, especially regarding capital gains taxes.  These tax advantages only apply to appreciated assets.  If you liquidate the asset you would be responsible for paying capital gains taxes on the amount of appreciation.  However, giving the appreciated asset itself, directly from your account rather than liquidating it, allows you to avoid paying capital gains taxes while funding your favorite charity’s mission.  This creates a win-win for both you and the organization as you can give generously while simultaneously reducing your tax burden.

United Way of the National Capital Area regularly receives gifts of appreciated stocks, bonds, and other securities and like most organizations, administers a policy to immediately liquidate the asset once received and apply those funds to its work.

As you begin planning for your year-end giving, please consider including United Way of the National Capital Area in your plans with a gift of appreciated stocks, bonds, or other securities.

The work of United Way of the National Capital Area is fueled entirely by the passion and commitment of philanthropists like you.  We are grateful for your investment.  To learn more, please email philanthropy@uwnca.org or call 202-488-2010.

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