Donating securities held long term (more than one year) continues to be an effective way to give. You may donate publicly traded securities to WSF and avoid capital gains taxes. You may save substantially more in taxes by giving securities as opposed to cash. If you have owned the securities for more than one year, you may qualify for a charitable income tax deduction equal to the value of the securities on the date they are given. Gifts of appreciated securities are deductible for an amount equal to 30% of your adjusted gross income in the year you make the gift. Any excess balance may be deducted over the next five years.
If you would like to make a gift of stock or other securities, please email Cheryl Bliss or call her at 646.813.7240.
Alternatively, you can choose to donate your stock/securities through our Giving Block application. Click the “Donate Now” button to make a donation.
