Stock and Mutual Funds

A new report shows that American donors could realize $4.5 billion in additional tax savings if they gave appreciated securities instead of cash, but most are not aware of the tax advantages. Making a donation of stock or securities is a great way to support DEF.

Click here to use the Discovery Eye Foundation Transfer Form.

As you consider an alternate to cash donations, here are some things to keep in mind:

• Gifts of stock, mutual funds and certain other securities that provide little income can provide tax savings with minimal effect on household income.
• Securities that you have owned for more than one year that have increased in value, entitle you to an income tax charitable donation for the full value.
• Still thinking of a cash donation because you have stocks that have increased in value, but you think there is more potential for growth? You can still make a gift of the stock at its full value and bypass tax on the increase. Then use the cash you would have given to repurchase securities, allowing you to have the same amount invested in the stock as before, but establishing a higher cost basis.

In all cases, please check with your financial advisor, as your needs may be affected by other financial considerations.