Stock Donations
What if your stock portfolio could do more than just grow?
What if it could change lives?
Donating stock directly to a charitable organization can benefit both the charity and the donor by increasing the amount received by the charity and reducing the donor's tax burden. By donating appreciated securities, individuals and households may be eligible to claim a charitable tax deduction for the full market value of the securities, potentially avoiding capital gains tax.
Your financial advisor can provide insights into the tax advantages, depending on whether the stock has appreciated or depreciated since acquisition.
Timing is crucial for donations to maximize tax benefits. Making contributions before the end of the tax year ensures these benefits on your upcoming return.
Integrating stock donations into your financial planning and philanthropic goals can strategically support causes you are passionate about while potentially improving your financial standing. This approach not only benefits you but also the charitable organizations you choose to support, creating a lasting legacy of generosity.
4 Simple Steps to Donate Stock
CHOOSE
the stock you would like to donate and how many shares. Please consult with your financial/tax advisor to discuss the benefits of donating stock.
complete
the online form below to inform us of the stock donation or email the Stock Transfer Form to info@mauiponofoundation.org.
follow-up
with your broker to verify the transfer was completed. You will also receive an acknowledgment letter from us to use as a receipt for tax purposes.