Make a Stock Gift and Save on Taxes
A cash gift is not the only way to help fund YSC’s support for young women—you can also give stocks or other appreciated securities like mutual funds.
Stock donations help us provide programs for young women facing breast cancer and may give you additional financial benefits:
Stocks that have increased in value may give you a bigger deduction without raising your capital gains taxes:
- If you donate stock that you have owned for more than one year and it increased in value, you won’t pay capital gains tax on the increased value.
- However, your charitable income tax deduction would still increase—it equals the stock’s fair market value at the time of your gift.
You may avoid brokerage fees since you are transferring ownership instead of selling the stock.
Ask your tax or financial advisor for more information on tax benefits.
To Give Stock
Your financial advisor can tell you how to give stocks or mutual funds to YSC using electronic transfer. For information regarding YSC, please email firstname.lastname@example.org, call 646.257.3000 or write to:
Young Survival Coalition
Attention: Development Department
405 Lexington Avenue, 26th Floor
New York, NY 10174
The tax-deductible value of your gift is the average share price on the date of your gift multiplied by the number of shares you give. YSC liquidates all donated securities as soon as possible. The date of your gift is the date when YSC’s account receives your electronic transfer.