How to Give Securities
Long-term appreciated securities are those you’ve owned for more than one year and have increased in value. Such a gift would entitle you to a federal income tax deduction for the full fair market value of the securities on the date of the gift, up to a maximum deduction of 30% of your adjusted gross income for the year if you itemize deductions.
Short-term securities are those you’ve held for less than one year. If you itemize, you will be entitled to a federal income tax deduction for only the purchase price of the securities.
Depreciated securities are those that have declined in value since you bought them. To gain maximum tax benefits from the gift, the foundation suggests that the donor sell these, take the tax loss, and donate the cash proceeds.
To make a gift to DVSAC, please contact:
Associate Director of Finance, DVSAC
(530) 272-2046 ext 23 or firstname.lastname@example.org.
DVSAC uses Edward Jones Investments for these financial services:
960 McCourtney Road, Suite A
Grass Valley, CA 95949