Gift of Securities
Gifts of appreciated securities are a great way to support Arch Street Meeting House Preservation Trust, as there are strong tax advantages to donating shares that have grown in value over the years.
Charitable gifts can be made with cash, but many are made by donating appreciated assets such as stocks. If you sell appreciated securities to make a charitable gift, you will owe capital gains tax on the proceeds of the sale. However, if you transfer appreciated securities directly to a charity to make a charitable or planned gift, you:
Can defer and/or avoid the capital gains tax;
Take a charitable deduction for all or a portion of the total fair market value of the securities contributed, depending on the type of gift.
Arch Street Meeting House Preservation Trust partners with Friends Fiduciary to facilitate low-cost stock transfer services. Friends Fiduciary can accept appreciated securities for annual and planned gifts to benefit Arch Street Meeting House Preservation Trust.
Contact Mimi Blackwell
Director of Philanthropic Services at the Friends Fiduciary Corporation