South Seattle Community College Foundation Giving Appreciated Assets

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Foundation > Appreciated Asset

Planning a Gift

Giving An Appreciated Asset

If you have owned an asset such as stocks or bonds (or in some cases, real estate) for more than one year and the asset has increased in value, a charitable gift can minimize taxes and leverage the full value of the asset.

By transferring the asset directly to a qualified charity, you may deduct the full fair market value of the asset at the time of the gift.

Consider this example: Mrs. Sample purchased a block of stock for $1,000 several years ago. Today the stock is worth $2,500. If Mrs. Sample transfers the stock directly to the SSCC Foundation, she will bypass the capital gains tax and in addition will receive a $2,500 tax deduction when she files her Form 1040 for this year.

For more information on gifts of appreciated assets, read brokerage instructions for gifts of stocks and bonds. (If you have trouble opening this PDF document, please read PDF Help).