Take Stock - Give Stock
This gift offers a quick, easy and tax-efficient way to make a lasting contribution to Girl Scouts of Colorado.
Benefits
Income Tax Savings - You can take an income tax deduction of up to 30 percent of your adjusted gross income. The excess can be carried forward for up to five years.
Capital Gain Tax Savings - Avoid capital gain taxes you would have incurred if you had sold the security.
Receive Income - By funding a life-income gift with securities, you could receive income during your lifetime.
How it works
Mary purchased $5,000 worth of XYZ Stock, which is now worth $10,000. She can use this $10,000 to make a gift to Girl Scouts and take advantage of several tax savings. Mary may take a $10,000 charitable deduction on her federal income taxes, saving between $1,000 to $3,500 in federal income tax depending on her tax bracket, as well as avoid a capital gain tax of $750.
"This is a win-win situation. The donor wins because he/she can make a larger gift without paying capital gains taxes, and Girl Scouts wins because donors making gifts of appreciated stock can make a larger gift because of the before tax advantages. I don't understand why more people don't do this." ~Wes Segelke, a long-time Girl Scout volunteer and supporter who made his gift to Magic Sky with appreciated stock.
To Make a Year-End Gift
Account information for stock gifts:
National Financial Services
DTC 0226
Girl Scouts of Colorado
Acct # 125276120
Would you like more information on gifts of securities or other gifts of appreciated assets? Please contact Kim Lewis at 303-607-4869.
Information provided is not intended to be tax or legal advice. Please consult a qualified legal or financial advisor before making a gift.
