Gifts of securities, which have risen in value since their purchase, are particularly attractive under our current tax laws.
Here's why:
You avoid all capital gains and tax when you contribute long-term appreciate securities to Project Sunshine.
You receive a charitable income tax deduction equal to the fair market value of the securities (on the date of transfer) if it has been held longer than one year.
The fair market value of the assets can be deducted against up to 30% of your adjusted gross income and any excess deductions can be carried forward into as many as five additional tax years.
Project Sunshine is happy to receive donations of stocks or other securities. To make a donation, please contact Lisa Stamm at lisa@projectsunshine.org or at 212-354-2288.
Make A Donation!
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to make a secure donation to Project Sunshine.
