Giving stock, instead of cash, as a donation can greatly benefit you the donor as well as CTF. We are pleased to offer the ability to accept stock as a gift or donation.
If the stock has increased in value from the time of your purchase, you can avoid paying the capital gains tax by donating the security to CTF. When the security is being donated to CTF, the total amount will still be eligible for a tax deduction. Since taxation is avoided on the stock donation, you will be able to make a larger donation.
For more information, please contact Hayley Jameson, President & Founder of CTF, directly at 412-638-5577 to discuss.