Stock Donations to KCSARC:

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:

Tax Advantages:

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 of bonds is that federal capital gains tax on the securities' unrealized total appreciation may be totally avoided.

Valuation:

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.

Mechanics:

If your broker has the stock: Contact your broker and determine the stock and the number of shares you would like to contribute. Then contact the Development Department at 425.226.5062 with your broker's contact information and the information about the shares you are donating.