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Stock
If your investment portfolio includes highly appreciated, low-yielding stock or mutual funds and you're considering a gift to
Tohono
Chul
Park
, you may want to consider a gift of stock or mutual funds. It's a tax-wise way to support the Park.
Gifts of appreciated securities held longer than one year are exempt from capital gains taxes and entitle the donor to a tax deduction equal to the market value of the securities at the time of transfer.
To avoid exposure to capital gain tax, the stock must be transferred to
Tohono
Chul
Park
. We then sell the stock from our account, and you receive credit for a gift, valued at the time you transferred the stock to the Park.
For more information, please contact:
Tom Buchanan
Director, Development and Marketing
tombuchanan@tohonochulpark.org |
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