Frequently Asked Questions
Do I have to have held these securities for a certain period of time?
Yes, to exercise this giving option, you have to have owned the appreciated securities for at least one year.
Are there any limits to the charitable deduction when donating appreciated securities?
For long-term appreciated securities, you can deduct up to 30% of your adjusted gross income. You can carry forward any unused deduction for up to five years and use it on upcoming tax returns.
Are there any restrictions as to types of securities one can donate?
Generally, publicly traded securities work best. These include stocks, bonds and mutual funds. Donating savings bonds or closely held securities may not allow for the maximum tax savings.
Can one combine giving appreciated securities with other types of gifts for even more advantage?
Yes. Appreciated securities can be used to fund charitable gift annuities or set up charitable remainder trusts. See Income-Generating Gifts.
For more information on giving securities, and/or to donate securities, please call us at 1-800-787-8216 or email us at giving@usefoundation.org.
More information:
Disclaimer: U.S.ENGLISH Foundation does not render legal, tax or other professional advisory services. Advice from an attorney and other professional advisors should be sought when considering charitable giving.
Top of Page
