Giving stocks and bonds may be more beneficial than giving cash.

This gift is for you if...

• You're holding stocks, bonds or mutual fund shares that have risen in value.
• You want to maximize your deduction but not affect your liquidity.
• You want to make an outright gift to us, or a gift that will first return lifetime payments to you.

The IRS still offers you a notable tax break for charitable gifts. You may deduct the full, fair market value of appreciated assets that you give us, and also avoid capital gains liability on the transfer. This means that you can leverage a larger donation if you use an appreciated asset to make your gift instead of cash.

IMPORTANT! Don't sell the stock first! Even though you give us the proceeds as a gift, the IRS will impose capital gains tax on your sale, wiping out the benefits of this arrangement.

To learn more contact Dan Russell, Neighbors, Inc. Development Director, at (651) 306.2148 or dan@neighborsmn.org.

This is not professional tax or legal advice. Donors must consult their tax and legal advisors regarding their specific situation.