If you have appreciated securities (stock, bonds and/or mutual
funds) that you have owned for at last one year, you may want to consider
contributing them as a gift to the Boys & Girls Clubs of Greater San Diego for
the following benefits.
Bypass capital gains taxes
By contributing securities that have appreciated in value to the Boys
& Girls Clubs of Greater San Diego, you bypass the capital gains taxes
you would otherwise owe if you sold the securities.
Take a charitable tax deduction
For federal income tax purposes, including alternate minimum tax
purposes, you can deduct the value of the securities on the date of
your contribution. The net value of your contribution is the average
between the high-and-low-quoted selling price of he date that the
securities passed from your control. The Boys & Girls Clubs of Greater San Diego will
acknowledge your gift in writing.
Take advantage of the ease of giving stock and/or securities
Many gifts can be transferred simply by picking up the phone. Call
Jeff Miller at (619) 298-3520 and let us take care of the rest.
DONATE STOCK
