Donating Appreciated Securities
Make a bigger impact.
You may be able to make a bigger impact by donating appreciated securities held for over one year, including stocks, bonds, and mutual funds, directly to your charitable fund. Marketable securities are the most commonly gifted assets because they present distinct tax benefits. Donors are typically eligible for an income tax deduction for the security’s full fair market value. Capital gains taxes are avoided because the contributed asset is eventually sold by the St. Louis Community Foundation, a tax-exempt entity. These benefits lower the out-of-pocket cost of giving, resulting in a greater gift to your chosen charities.
Potential benefits of donating appreciated securities:
- Avoid capital gains taxes
- Donate a greater amount to charity
- Decrease out of pocket cost of charitable donations