Securities, including stocks and bonds, may be used to make a gift to the LDA. You realize no capital gains tax if stock is transferred directly to us. Because of this tax savings, gifts of securities often "cost" you less than gifts of cash. The fair market value of the securities on the date the gift is received determines the income tax deduction.
Gifts of securities are often made to life income plans such as charitable remainder trusts and gift annuities. A gift of appreciated securities to the LDA can provide you:
Please contact us for specific instructions to donate your stock by wire delivery, by mail, or by hand delivery.