Did you know that you can avoid capital gains taxes and support Greenville Area Parkinson Society at the same time by making a gift of appreciated stock?
If you sell your stock, you will forfeit a portion of the proceeds to taxes. One easy way to help GAPS’ mission — and your finances — is to make a gift of appreciated stock (securities that have been held for longer than one year). When you donate stock, you’re unburdening yourself of future taxes that are embedded in the stock, so you can give more, and still have your gift “cost” less.
Additionally, if you are still enjoying the benefits of holding your appreciated stock but looking for a way to avoid estate tax in the future, a stock bequest is a good choice. In your will or trust, you can include instructions for transferring your stock to GAPS. Your estate will benefit from a charitable deduction that will lessen the impact of taxes on your estate and your heirs.
Inform your broker and GAPS’ Planned Giving team of your desire to make a transfer. You will need to send a completed broker transfer form or written instructions to your broker specifying that you wish to make a charitable contribution to Greenville Area Parkinson Society.
Complete transfer instructions can be discussed with a GAPS representative upon completion and submission of the Donor Stock Inquiry Form below.
GAPS' federal tax identification number is #26-4792316.
Fill out the form below and a GAPS representative will contact you. Thank you!