Give a Gift of Stock
Many people have stocks and bonds that have greatly increased in value since their purchase. By using these stocks and bonds for some of your charitable giving, you can conserve cash for other uses and maximize the value of your charitable gifts. You can deduct the fair market value of qualified non-cash property and you pay no capital gains tax on gifts of long-term appreciated property (held for at least a year and a day). This can dramatically reduce the cost of making a charitable gift or increase the amount you can afford to give.
Please consult your financial advisor today and call Jason Meyer, our Executive Director, at 517-755-9799.