Giving Securities
Gifts of stocks, bonds, treasuries, and mutual funds that have increased in value are a win-win opportunity for you under current tax laws. They provide an immediate benefit to the University, and a current income tax savings for you.
The Benefit To You
Charitable deduction and bypass of capital gains.
You can make a gift with appreciated long-term capital gains property such as securities, get a charitable deduction for the full fair market value (up to 30 percent of your adjusted gross income), yet pay no capital gains tax on the appreciation. You can even carry excess deductions over an additional five years, as long as the deduction does not exceed the 30 percent ceiling for any one year.
To find out more about making a gift of appreciated securities, please contact Sue Kringen.
E-mail: jczapiewski@bemidjistate.edu
Phone: 218-755-4039
