Stocks & Securities
Donating long-term appreciated securities—such as publicly traded stocks, bonds, or mutual funds—that you’ve held for more than one year can be a highly tax-efficient way to support Country School. When you transfer the securities directly (rather than selling them first), you will:
- Receive a charitable income tax deduction equal to the fair market value of the securities on the date of the gift (subject to IRS limits).
- Avoid capital gains tax on the appreciation you would otherwise incur if you sold the asset.
This strategy often allows you to give more, even while lowering your personal tax cost. Before proceeding, please consult your tax advisor to ensure the gift fits your financial plan.
Example: Suppose you purchased shares years ago for $20,000 and now the shares are worth $50,000. A direct gift would let you deduct $50,000 and eliminate the capital gains on that $30,000 in appreciation.
To discuss making a gift of stock or securities, gifts in kind, or a planned gift, please contact CFO Karen Cunningham or call 203-421-3113.
341 Opening Hill Road, Madison, CT 06443
P. 203-421-3113 | Health Office F. 860-469-2550