If you own stocks or mutual funds that have grown in value, you may face a tax bill when you sell them. By donating them to Love Gives you reduce your tax bill and make a significant contribution at the same time. You can give a gift of publicly traded securities to Love Gives and eliminate 100% of the capital gains tax. Please email us at info@lovegives316.com for instructions and to address any questions you may have.
Benefits of gifting Securities
- Make a Difference- Through your gift you will receive the opportunity to make a significant difference in disaster relief and other Love Gives projects.
- Tax Advantages- By donating your appreciated securities or mutual funds directly to Love Gives you eliminate your capital gains taxes.
- Reduced Brokerage Fees- Many brokerage houses forego fees for charitable transactions.
- Convenient- Securities are easy to transfer. Your broker will transfer the shares from your account to Love Gives’s brokerage account. The date of your donation will be the date the securities are deposited into our brokerage account.
- Recognition- Your gift can be honoured during your lifetime.
Please Seek Expert Advice
Love Gives International strongly recommends that you seek professional advice to ensure your financial goals are considered, your tax situation reviewed, and that your planned gift is tailored to your own circumstances. We recommend that you consult your estate planner or lawyer regarding the specific wording of any gifts of stocks and securities or other types of planned gifts.