Put Stock in Something That Matters
Did you know that when you donate stock, you avoid the tax on the gain while deducting 100% of the value of the contribution?
When you give stock, you may earn 2-3x the tax savings vs. donating cash. It’s a win-win for you and us. And now it’s fast, safe and easy to do.
The Shenandoah Valley Bicycle Coalition has partnered with DonateStock.com to allow supporters to donate stock in just 10 minutes. Our secure DonateStock page enables you to transfer stock directly from your brokerage to our account easily and safely. Remember, charitable giving doesn’t always mean cash.
Donating stock can have a greater impact without affecting your budget. Support our cause by investing in something that matters!
Why Donate Stock?
Did you know that donating stock vs. cash may triple your tax savings? Make tax-advantaged stock donations in 10 minutes
Click below to initiate a stock gift or request DTC transfer instructions.
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With markets near all-time highs, it’s the perfect time to donate stock!
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Did you know that donating stock vs. cash may triple your tax savings?
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Want to increase your impact while saving more on taxes?
Frequently Asked Questions
What are the benefits of donating stock?
- Avoid paying capital gains tax on appreciated securities held more than 1 year. Capital Gains and NII Taxes range from 18.8% to 37.1%, depending on income and state of residence.
- Receive a charitable tax deduction for the full fair market value
- Have greater impact by making a pre-tax gift
What are the guidelines around charitable stock gifting?
- You can donate publicly traded stocks, mutual funds, and ETFs held for more than one year
- Stock may not be restricted and must be traded on a major exchange
- Deduction is limited to 30% of your adjusted gross income (AGI)
- For gifts over $500, file IRS Form 8283 with your tax return.
How does the stock gifting process work?
- Stock gifts occur via transfer of shares from your account to an account managed by our
stock gifting partner, Donatestock Charitable, Inc. - There’s no paperwork, calls or email required. Everything is done online in minutes.
- It takes 2-5 business days for the stock to be transferred; you’ll be notified when the stock
arrives. - An acknowledgement letter (tax receipt) will be sent to you by Donatestock Charitable
when the gift is received. - The gift will be valued based on the date the shares are received.
How do I decide which stocks, ETFs or mutual funds to donate?
Consider these criteria when donating appreciated securities:
- Portfolio concentration: Donate shares of overweighted positions to diversify your portfolio.
- Biggest gainers: Donate your biggest long-term winners and select the Lot with the lowest
cost-basis for maximum savings.
What if I prefer to have my advisor do it for me?
- Direct your advisor to the nonprofit’s page on donatestock.com
- They will click “Donate Stock” and select the Advisor option, allowing them to quickly obtain
the information they need to initiate the gift on your behalf.
How much does it cost?
- There’s no cost to you or your advisor.
