Gifts of Appreciated Securities
How it works
- You transfer securities to one of the tax-exempt organizations*
- The tax-exempt organization* sells your securities and uses the proceeds for its programs.
Benefits
- You receive an immediate income-tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them. The deductible amount may vary depending on the length of time the securities are held.
- You pay no capital gains tax on the securities you donate.
- You can direct your gift to a specific fund or purpose.
- You can have the satisfaction of making a significant gift now or funding a life-income gift that benefits one of the tax-exempt organizations* later.
A gift of appreciated securities is for you if ...
- You're holding stocks, bonds, or mutual fund shares that have risen in value.
- You want to maximize your deduction but not affect your liquidity.
- You want to make an outright gift to us, or a gift that will first return lifetime payments to you.
- You want to reinvest your assets to increase your income without paying capital gains taxes by selling the stock.
To learn more about gifts of appreciated securities, email us, complete the Information Request Form, or call us at 888.252.6363 so that we can assist you.
*BJU does not qualify as a 501(c)(3) tax-exempt organization, and gifts to it may not be deducted for federal income, gift, or estate tax purposes. The BJU M&G, MSF, HAF, DNSF, S&E Endowment Fund and GFA are all 501(c)(3) tax-exempt organizations, and gifts to these organizations may be deducted for federal income, gift, or estate tax purposes.
Planned Giving content © 2006 VirtualGiving
