Gifts of appreciated stocks, bonds and mutual funds

Gifts of Securities

Giving in sensible and effective ways may help minimize your tax-burden and stretch your charitable dollars. A gift of appreciated securities provides meaningful support for End of Life Choices New York and may offer you benefits of reduced tax liability.

Gifts of appreciated stocks, bonds and mutual funds

When you make a gift of appreciated securities, which you have held for more than 12 months, you may avoid the long-term capital gains tax and may deduct the full fair market value of the securities you give.

Gifts of appreciated securities include stocks, bonds, or mutual fund units. The following are some ways that securities held long-term (more than 12 months) can offer potential tax savings:

  • Eliminating the capital gains tax on the appreciation that would have been due had you sold the securities on the open market and then donated the proceeds.
  • Claiming a charitable deduction against up to 30% of your adjusted gross income. Deduction amounts exceeding this limit may be carried forward over the next four years.

To achieve these benefits, your securities must be transferred to End of Life Choices New York, not sold, redeemed or exchanged. If they are sold from your account, the gift becomes a cash gift rather than a gift of securities, and you will personally realize any capital gains.

If you are considering a gift of securities that have decreased in value since purchase, it may be more advantageous for you to sell them and then claim the loss on your tax return, and then contribute the cash proceeds for a charitable deduction.

Next Steps

  • Let us know you intend to transfer securities by contacting us before you make the transfer. See the contact information below for details.
  • Transfer securities: share transfer instructions with your broker. Publicly traded securities can be transferred electronically from a brokerage account to End of Life Choices New York .

If you plan to transfer securities toward the end of the year, please plan in advance. Year-end is the busiest time of year, and transfers can vary drastically in time needed to complete. Only gifts completed by December 31 help to reduce taxes you owe next April.

Contact Us

(212) 726-2010
or, send an email

Thank you for considering this gift!

The gift descriptions are for informational purposes and are not legal or tax advice. To ensure that this gift fits your particular circumstances and planning, please consult with your professional advisers.