Gift of Stock

There are lots of advantages to making a stock gift. Although you should check with your tax professional about how these rules apply to you, the following information may help you understand the process:

• Under current tax laws, the full fair-market value of stocks and bonds (up to 30% of adjusted gross income this year, with a five-year carryover for any “excess”) may be deducted. The extra benefit of donating appreciated stocks or bonds is that federal capital gains tax on the securities unrealized appreciation may be avoided.
• The value of your gift of securities is based upon the mean between the high and low quotations on the specific day your securities pass from your control.

To donate stock, contact your broker to determine the stock and number of shares you would like to contribute. Then contact KCSARC’s Development Department at 425.226.5062 with your broker’s contact information and the information about the shares you are donating.