Stock Gift

Donate Stock

Support your favorite charity and save on capital gains taxes.

The gift of an asset, often common stock or mutual fund shares, is a valuable way to make a contribution to a charitable organization and receive tax benefits based on the value of the asset(s). For example, suppose Ted and Alicia had 300 shares of XYZ Corporation that they had purchased at $15 a share some years ago. The current value in today’s market is $36 a share. If they sold the stock in the market, they would have a taxable, long-term capital gains on the difference between their cost and what they would receive from the sale ($36 minus $15 = $21 capital gains per share; 300 shares X $21 = $6,300 in capital gains).

They could sell the stock, pay the tax on the capital gains, and either keep or donate the proceeds. If, instead of selling the stock, Ted and Alicia gave the 300 shares to their charity, they would not incur any capital gains and would be able to deduct the current value (300 shares X $36 = $10,800) as a charitable gift. By donating the stock, the charity receives more than it would receive if Ted and Alicia first sold the stock and then donated the proceeds after deducting the capital gains taxes. Also, Ted and Alicia receive a greater tax deduction by giving the stock directly to the charity and avoiding the capital gains tax.

For more information about donating stock, please contact BLCI at 619-232-4686.

Barrio Logan College Institute 
Attention: Resource Development 
2114 National Ave
San Diego CA 92113
619-232-4686

Giving Appreciated Shares of Stock

 

Market Value

Original Cost

Tax on Gain

Income Tax Deduction

Income Tax Saved

Gift Value to BLCI

Shares Sold

$10,800

$4,500

$1575

$-0-

$-0-

$-0-

Shares Donated

$10,800

$4,500

$-0-

$10,800

$3,100

$10,800

(Example assumes shares owned for more than 12 months. Donor is in 28% tax bracket, 20% gains tax rate and 5% state income tax rate. Tax rates may vary from state to state).

Want to get involved?

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Volunteer

Lend a hand! Our Tutors, Mentors, and Speakers work hand-in-hand with students, families, and staff. Together, we are helping to create a legacy of hope, passion, and opportunity. Making a difference is easier than you might think.

Share Your Services

Do you have some free time over the next few months? Assist BLCI staff and interns with curriculum development, research and tracking, administrative work, or repairs. Spread knowledge! All areas of study are needed.

Give a Gift

Share your success! Ten dollars or ten thousand dollars, your donations make a difference. All donations directly support our student programs. Change a life today. Your generosity ensures our success.

Spanish