+ GIFTS OF BONDS & STOCKS

Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to the MirYam Institute.

+ WHY DONATING APPRECIATED SECURITIES MAY MAKE SENSE FOR YOU

The donor may receive a federal income-tax deduction for the full fair-market value of the securities.

• The donor avoids long-term capital-gain tax on any appreciation in the value of the stock.
• The donor's gift will support the important work of the MirYam Institute.

+ WHY DONATING APPRECIATED STOCK MAY MAKE SENSE FOR YOU

By donating stock that has appreciated for more than a year, you are actually giving 20 percent more than if you sold the stock and then made a cash donation. The reason is simple: avoiding capital gains taxes. The maximum federal capital gains tax rate is 20 percent on long-term holdings. Given that the Dow Jones Industrial Average rose from almost 13,000 at the end of December 2012 to over 28,500 at the end of December 2019, you are likely to realize a taxable profit on the sale of assets you purchased in the past seven years. But, if you donate the stock directly to the MirYam Institute, there’s no capital gains tax to pay. Plus, you are still eligible to deduct the full fair-market value of the asset you donated from your income taxes, up to the overall amount allowed by the IRS.

+ QUESTIONS

If you have any questions about gifts of stocks and bonds, please contact Mr. Eric Rubin, Financial Legacy & Giving Coordinator at The MirYam Institute via this link.

Eric will be happy to assist you and answer any questions that you have.

The information provided herewith is not intended as legal, accounting, or other professional advice. For assistance in planning charitable gifts with tax and other financial implications, the services of appropriate advisors should be obtained.