Jul 16, 2021

Benefits of Giving Shares of Stocks and Mutual Funds

Here at The Catholic Foundation, we work hard to find smart and creative opportunities to help you be good stewards of your gifts. One of these ways is through gifting shares of stocks and mutual funds. Donating appreciated securities is an easy and tax-effective way for you to make a charitable gift. 

Tax Savings 

Giving shares of a stock or mutual fund that you have held for more than twelve months offers a tax savings opportunity. You avoid paying capital gains tax on the increased value and receive a tax deduction for the fair market value of the shares on the date of the gift. 

Rebalancing Your Portfolio

Donating your securities can also help you in rebalancing your portfolio. Donating these securities allows you to maintain your desired level of risk within your portfolio and avoid being overly exposed to market volatility. Choosing to donate securities is a great way to equalize these risks while also giving to a charitable organization that is meaningful to you.

How Does It Work?

Making a gift of stock or mutual fund shares is easy to understand. You transfer the appreciated securities you have owned for over twelve months to The Catholic Foundation of Southern Nebraska and receive a tax deduction in return. The Foundation will sell these appreciated securities with no capital gains tax to you, and 100% of the proceeds will go to your favorite charity or charities. 

Is It Easy?

The Catholic Foundation wants to make the process of giving shares of stock or mutual funds as simple as possible by providing step-by-step instructions to follow and an easy-to-access form to complete. All you have to do is fill out this form, inform The Catholic Foundation of the gift, and give the completed form to your financial services advisor. Your financial services advisor should contact The Catholic Foundation if he or she has any questions. 

In Closing 

The Catholic Foundation of Southern Nebraska wants to help you give charitably in a way that is meaningful to you. We work with individuals, couples, and families who want to personally make a difference in the lives of others. 

If you are interested in learning more about making meaningful gifts through the gifting of securities, contact The Catholic Foundation of Southern Nebraska at 402-488-2142.