Give securities directly and the full value goes to work in Jay County.
You receive a charitable tax deduction of the current value. If the securities have appreciated in value since purchased, you pay no capital gains tax.
Tell us which securities you plan to give and the fund you want to support.
Your broker transfers the stocks or bonds to the Foundation. Selling them first would trigger the gains you are trying to avoid.
The deduction is based on the current value of the securities. Your tax advisor can confirm how it applies to you.
Request the booklet "Bridging the Generations Through Intelligent Giving," or call (260) 726-4260, Monday through Friday, 8 am to 5 pm ET. We recommend reviewing any planned gift with your own tax or legal advisor.