Stock gifts make great stocking stuffers
Appreciated assets make great gifts.
When you make a gift of your securities or bonds to the Quad Cities Community Foundation for your community, your personal or family fund or a nonprofit fund you care about, you benefit in the following ways:
You receive a charitable income tax deduction, often for the full fair market value of your gift. This translates into tax savings on your next income tax return!
If you make a gift, rather than sell your appreciated investment, you can avoid capital gains tax otherwise due.
Your gift may also help you avoid paying the healthcare tax on any net investment income.
Because you are making a gift of an asset, your gift will not adversely affect your cash flow.
Making gifts from your assets, instead of from your checkbook, may allow you to make a greater gift than you ever thought possible.
To make a gift of stock within the 2019 tax year we advise contacting our office early.
Stock transfers must be delivered to the Community Foundation’s receiving institution prior to 3 p.m. on December 30 to ensure they will be counted as 2019 gifts. Bank and servicer holidays can slow these processes down, so contact Anne Calder at (563) 326-2840 or AnneCalder@QCCommunityFoundation.org as early as possible for assistance and transfer instructions.