Gifting Stocks

YEA accepts gifts of publicly traded securities and mutual funds. If you are preparing to make a generous donation, you may wish to consider donating stocks rather than cash. If you have appreciated shares that you have held longer than one year, you can enjoy several benefits over donating cash.

Benefits:

• Increase your ability to give
• Avoid capital gains tax on profit
• Deduct the full amount of the stock value as a charitable donation

For Example:
If you would like to pledge $1000, you could donate cash, or $1000 worth of appreciated stock. Let's say you purchased the stock at $10 per share several years ago, and it has appreciated to $100 per share, giving a $90 capital gain for each share. If you were to sell the stock, you would owe $135 in capital gains tax [$90 x %15 x 10].* Because you do not pay tax on your donation, your $1000 gift to YEA only costs you $865!

Ask your broker for details, or call Maureen Ryan-Friend, YEA's Investor Relations Coordinator, at (978) 369-2400 for details.